The Views Portfolio

60 Unit Portfolio | Lapel, IN

• Mostly Two-Bedroom Units
• 92% Occupancy as of January 2024 Rent Roll
• Newer Construction or Renovated
• Great Location, Only Nine Miles to Noblesville and Ten  Miles to Hamilton Town Center

XMARK MIDWEST is pleased to present two multifamily properties located in Lapel, IN: Pleasant View Apartments (30 units) and Meadow View Apartments (30 units). This multifamily investment offers a portfolio of two well maintained assets totaling 60 units with a mixture of one-, two-, and three-bedroom apartment homes. Occupancy, as of February 2024, is at 92% for the portfolio. In addition, the properties are located less than a mile from each other allowing for easy management.

Kokomo Multifamily Development Site

56 Unit Multifamily Development Site | Kokomo, IN

• Kokomo is Primed for Substantial Growth.
• A recent Housing Feasibility Study completed (2023) estimated an additional 500 housing units were need to satisfy job growth at that time.
• Following the study’s release, and additional 1700 jobs were announced.
• Given that the 500 new housing units were estimated before the announcement of these new jobs, there are substantially more units needed in the market than are currently being planned for or in the development pipeline.

XMark Midwest is pleased to offer this unique opportunity to develop a 2.89 acre site primed for multifamily use in the rapidly expanding Kokomo area. Significant investment within the city is bringing new jobs and development to the area, requiring additional housing to support this growth.

ND Student Housing  Apartments

8 Units | 16 Beds |  South Bend, IN

• Within Walking Distance to the University of Notre Dame Campus
• Well Maintained
• Premium Materials and Finishes
• In-Home Washers and Dryers
• Each Mini-Suite Has a Kitchenette
• Spacious Common, Living and Dining Areas

XMark Midwest is pleased to offer this 100% occupied, two-building portfolio: 806 SOUTH BEND AVENUE and 627 St. Peter Street. These are two identical buildings each consisting of 4,200 finished square feet. In addition, they each offer four individual mini-suites for a total of 8 units. Each mini-suite contains 2 bedrooms and one bathroom for a total of 16 bedrooms. Each suite has a separate kitchenette, and each bedroom includes its own vanity sink, a desk with chair, and bed frame. The bedrooms share access to a generous master bath with glass/tile steam shower. The main level of each building includes a spacious common living room area furnished with leather sofa, a large dining room furnished with custom table/chairs, a generous kitchen with high-end appliances and a utility room with washer/dryer.

Ritter Park Apartments

32 Units |  Indianapolis, IN

• Recently Renovated Units
• Rent Upside
• Updated Roofing
• Central Air, Dishwasher, On-Site Laundry Facilities
• $900,000 in Capital Improvement This Year

XMark Midwest is pleased to present two multifamily properties located in Indianapolis, IN. This investment offers a portfolio of two well located assets totaling 32 units.

Built in 1960, Ritter Park Apartments is an 18-unit multifamily community located in Indianapolis, Indiana. The property is situated on 0.64± acres encompassing a net rentable area of 14,000 square feet. Ritter Park Apartments offers 15 two-bed, 2 one-bed, and one studio unit ranging from 600-800 square feet.

Built in 1967, Layman Avenue Apartments is a 14-unit multifamily community directly across the street from Ritter Park Apartments. The property is situated on 0.74± acres encompassing a net rentable area of 8,400 square feet. Layman Avenue Apartments offers all one-bedroom units with an average size of 600 square feet.

Amenities include controlled access entry, privacy fences, free surface parking lots, nicely equipped kitchens, patio/balcony, on-site laundry facilities, and central HVAC.