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9060 E 39th Pl
Indianapolis, IN 46235
Serenity Park Apartments · Multifamily Property For Sale
·
362 Units
PROPERTY FACTS
| No. Units | 362 | Building Size | 314,434 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1964/2013 |
| Building Class | B | Parking Ratio | 1.84/1,000 SF |
| Lot Size | 21.25 AC | ||
| Zoning | D7 - Multi-Family Residential | ||
| No. Units | 362 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 21.25 AC |
| Building Size | 314,434 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2013 |
| Parking Ratio | 1.84/1,000 SF |
| Zoning | D7 - Multi-Family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- Fitness Center
- Laundry Facilities
- Playground
- Property Manager on Site
- Laundry Service
- Storage Space
- Maintenance on site
- Sundeck
ABOUT 9060 E 39TH PL , INDIANAPOLIS, IN 46235
Lexington Park is a 362-unit apartment community on Indianapolis’ east side. The current owner purchased the property in 2013, and has completed a $7 million+ renovation (including new windows and doors, siding, clubhouse remodel, interior unit renovations and much more). Lexington Park is being offered free and clear of existing debt OR at a lower price with a loan assumption. Built in 1967, the property consists of 35 two-story residential buildings and a clubhouse on approximately 23 acres. The property offers a variety of floor plans - 1 and 2-bedroom flats, 2 bedroom townhomes and one 3-bedroom townhome. All of the townhome units (with the exception of 7 units) have washer/dryer hook-ups. Lextington Park unit features include air conditioning, fully-equipped kitchens including disposals, some private balconies and some washer/dryer connections. The location of Lexington Park offers easy access to interstate 70; making it convenient for residents to access I-465, I-74 and I-65 within just minutes of the property. The Indianapolis CBD, with its vibrant downtown cultural and entertainment attractions and a 30,000 student university (IUPUI), is only a 15-20 minute drive from the property via I-70.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 121 | $566.00 | 630 |
| 2+1 | 33 | $681.00 | 872 |
| 2+2 | 207 | $614.00 | 1,004 |
| 3+2 | 1 | $769.00 | 1,600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,752,000 | |
| Land Assessment | $1,190,000 | Total Assessment | $7,942,000 |
PROPERTY TAXES
