7774 Bedford Ct
Brownsburg, IN 46112
Bailey Park of Brownsburg · Multifamily Property For Sale · 66 Units

Bailey Park is a new Class A senior age restricted community in Brownsburg, a highly desirable suburb just west of Indianapolis. Construction of the 66-unit luxury property was completed in 2015 and its opening was met with high demand. The property experienced a successful lease-up and is now 98% occupied. Built by a well-respected apartment developer, attention to detail is evident in both design and construction of Bailey Park. The community offers custom-home quality interior finishes and single story villa style units each with its own private garage. The community’s eleven buildings combine brick, shaker style shingles and siding to create a traditional yet modern look and feel. All units have ample outdoor living space with both a front porch and rear patio, and units also offer the convenience of a private direct access garage with automatic opener. Bailey Park offers open and spacious floor plans. The property’s twenty-two 1 Bedroom / 1.5 Bath units are 887 square feet with a large kitchen open to the living and dining room. The forty-four 2 Bedroom / 1.5 Bath units offer almost 1,100 square feet of living in an open floorplan. All units are single story and have “no-step” entries for easy access by seniors. Bailey Park’s beautiful and spacious clubhouse offers a clubroom with a full kitchen, center island, stainless steel appliances and a large television. Also in the clubhouse, residents can enjoy a fitness facility which includes cardio and resistance equipment. Resident activities are also offered a several times a month. The property has attracted strong demand since its opening in May of 2015. After experiencing a successful lease-up, the property is 98% occupied. Bailey Park is offered free and clear. The property’s performance will support high leverage, giving the new owner the ability to utilize the most favorable loan structures.