Cornerstone 30 | 8-Unit Apartment Complex 2959 Ruckle St 8 Unit Apartment Building $1,650,000 ($206,250/Unit) 8.12% Cap Rate Indianapolis, IN 46205

Cornerstone 30 is a rare opportunity to own a brand-new, shovel-ready 8-unit apartment complex in the heart of Midtown Indianapolis. Nestled in the highly desirable Mapleton-Fall Creek neighborhood, this prime corner property is just minutes north of the new IU Health Hospital campus, making it an exceptional investment for any savvy investor.
With proximity to downtown Indianapolis and the booming healthcare district, this development is perfectly positioned to attract medical professionals, hospital techs, nurses, and doctors seeking high-quality housing near their workplaces. The demand for modern, well-located housing in this area is only growing, ensuring strong rental potential and long-term value.
Key Highlights:
- Rare 8-unit multi-family in a sought-after location
- Shovel-ready by April – Get started without delays!
- Minutes from IU Health’s new hospital campus, Marian University, Ivy Tech, Butler University and Indiana University Indianapolis
- Surrounded by a high concentration of medical professionals and young professionals
- Excellent access to downtown Indy, major employers, and transit routes
- High rental demand in a thriving, revitalizing neighborhood
Whether you're a seasoned investor or new to multifamily development, Cornerstone 30 is a turnkey investment opportunity in one of Indy’s most promising growth corridors. Don't miss your chance to capitalize on this high-demand housing market!