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April 01, 2020  

Buyers Circle Indiana Rental Portfolio

Two apartment properties in Greater Indianapolis are being pitched to investors across the core to value-added spectrum.The properties, totaling 577 units, are worth an estimated $107 million combined, or $185,000/unit. CBRE is representing the owner, Inland Real Estate of Oak Brook, Ill.The listing includes a 384-unit complex in Indianapolis that was completed in 2014. At the estimated value of $71 million, a buyer’s initial annual yield...

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