Pleasant Ridge Apartments

24 Units | Indianapolis, IN

• Renovated Units
• Rent Upside
• Each Unit Has a Private Balcony
• Central Air, Washer and Dryer, Dishwasher
• Surface Parking Lot

Built in 1971, Pleasant Ridge Apartments is a 24-unit multifamily community located in Indianapolis, Indiana. The property consists of two buildings which are situated on 1.48± acres and encompassing a net rentable area of 19,200 square feet.

Pleasant Ridge Apartments offers all two-bedroom units with an average size of 800 square feet.
Amenities include a nicely equipped kitchen, washer and dryer connections, patio or balcony and ample parking.

Carriage Place Apartments

138 Units | Huntington, IN

• Mostly Two-Bedroom Units
• 96% Occupancy Rate as of April 2025 Rent Roll
• Excellent Unit Amenities
• Great Location

Carriage Place Apartments is a 138-unit multifamily property consisting of 14 buildings with a total of 106,616 rentable square feet, and 30 carports situated on 8.68 acres. The property was built in four phases, beginning with 48 units being construction in 1968. Phase II was completed in 1972 with an additional 24 units. Phase III included 36 units and was constructed in 1984. The final phase, Phase IV, included an additional 30 units constructed in 1987.

The apartment homes at Carriage Place range in size from 625 square feet for the one-bedroom, 700 to 900 square feet for the two-bedroom and 1,130 square feet for the three-bedroom units. Each unit features a range, refrigerator and window coverings.

119-125 Park Ridge Road

16 Units | Bloomington, IN

• Great Location Just Minutes to Indiana University
• High Historical Occupancy Rates
• Strong Market Fundamentals
• Highly Efficient Unit Mix Maximizing Value

XMark Midwest is pleased to present two student housing assets in Bloomington, Indiana. Located just 2.1 miles from Indiana University, 119 and 125 Park Ridge Road offer stable occupancy, strong rental demand in one of the nation’s top student housing markets.

These properties feature 15 one-bedroom units, and one studio unit situated in the Park Ridge East neighborhood, for a total of 16 beds. The property not only provides convenient access to Indiana University, but is just 1.6 miles from the College Mall, and 7.8 miles from Lake Monroe.

1057 S Jackson Street

22 Units | Frankfort, IN

• High Historic Occupancy
• Under Market Rent
• High Submarket Occupancy
• 1969 Vintage
• Roof Replaced in 2024

XMark Midwest is pleased to present to market The Key Motel in Frankfort, IN. Located at 1057 S Jackson St, Frankfort, IN, this 1969, 2-story building sits on on .3 acres and has 22 studio units with approximately 400 sq. ft.

This offering is a fantastic opportunity for an investor to continue the efforts of the previous owner. The Key Motel received a new roof in 2024, and has received miscellaneous cosmetic upgrades. The property remains highly occupied throughout the year. Moreover, new ownership can elevate rents to match market rates ($57 average increase).

The Admiral

48 Units | Indianapolis, IN

• Available Underground Parking
• 1.627± Acre Site
• Unique Unit Features Including Parquet Floors and Arched Doorways
• The Only Major Art Deco Apartment Building in Indianapolis
• Excellent Unit Mix
• Entrance Includes Spacious and Historic Lobby Area

XMark Midwest is pleased to offer The Admiral Apartments, a 48-unit multifamily property, located in Indianapolis, IN. 

Built in 1929, the property is made up of one, nine-story, building and encompasses 1.63± acres. The Admiral features New York style architecture, original oak parquet floors, arched doors, and oversized closets.

The unit mix consists of one-, two- and four-bedroom units ranging in size between 612 square feet and 3,200 square feet. Amenities include underground parking, a laundry care center, two elevators, and is pet friendly.

Park Forest Apartments

112 Units | Indianapolis, IN

• All Two-Bedroom Units
• Excellent Proximity to I-465 & Pendleton Pike
• Great Location

XMark Midwest is pleased to offer Park Forest Apartments a 112-unit apartment community located in Northeast Indianapolis. Built in 1961, the property consists of 13 two-story buildings situated on a 7.98-acre site.

Park Forest Apartments offers 112 two-bedroom units each with a private patio or balcony. The units boast large floor plans with spacious closets, washer/dryer hookups, nicely equipped kitchens, and central heating and cooling.

Forest Green & Monroe Square Apartments

64 Units | Bloomington and Ellettsville, IN

• Can be purchased individually or as a portfolio
• Bloomington is home to Indiana University with an enrollment of over 48,000 students.
• Below market rents on both locations.
• Highly visible at each location.
• Submarket occupancy rates exceed 96% on average.

XMark Midwest is pleased to present Forest Green Apartments and Monroe Square Apartments located in Bloomington, Indiana and Ellettsville, Indiana respectively. Combined, the properties offer 64 one- and two-bedroom units and encompasses 2.5 acres of ground.
Forest Green Apartments is a 32 unit multifamily property located at 3305 W 3rd Street, Bloomington, Indiana. The property consists of four buildings on 1.44± acres. Built in 1966, the property features a nicely equipped kitchen, air conditioning and a washer and dryer hookup.
Monroe Square Apartments is a 32 unit multifamily property located at 599 E Temperance Street, Ellettsville, Indiana. Built in 1985, the property consists of three buildings on 1.06± acres. Built in 1985, the property features a nicely equipped kitchen, hardwood floors and a balcony or patio.

Atlas Apartments

67 Units | Richmond, IN

• Built in 1910, The Atlas Apartments offers vintage charm with classic New York style loft apartments.
• The property is located in a Federal Opportunity Zone. An Opportunity Zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives.
• Great unit mix with mostly one-bedroom units.
• Unique floor plans, 12-foot high ceilings, exposed brick walls and nicely equipped kitchen including microwave, and more.
• Fitness center, laundry, library, elevator and controlled access!
• Located in the heart of the historic Depot District of Richmond, IN.

Built in 1910 and renovated in 2000, The Atlas Apartments is a 67-unit multifamily community located in Richmond, Indiana. The property is situated on 1.066± acres encompassing a net rentable area of 49,340 square feet. The property consists of a four-story, and a lower level, building with a brick exterior.

The Atlas Apartments offer a unit mix of 60 one-bedroom units that are approximately 715 square feet and 7 two-bedroom units measuring approximately 920 square feet, with an overall average unit size of 736 square feet.

The Woodruff Place Portfolio

29 Units | Indianapolis, IN

• Significant Rental Upside
• One Mile Proximity to Major Economic Developments Including the North Mass District, and Circle Center Industrial Complex
• Walkable and Bikeable Locality With Multiple Trails
• Less Than Two Miles From the Arts, Culture, and Entertainment Offered by the Bottleworks District
• Close Proximity to Mile Square and Major Employers

Built between 1900-1910, The Woodruff Place Portfolio is a 29-unit multifamily property located in downtown Indianapolis, Indiana. The property offers stylish studio, one, and two bedroom units. Units range in size between 500 square feet to 850 square feet. Full interior renovations have been done in 10 units. Infrastructure upgrades have been completed at the property recently, including sewer line replacements, central boiler heat replacement, and plumbing upgrades. Other upgrades in the past 7 years include electrical, chimney repair, water heaters, and roof replacements. The buildings are in a historic district and have artistic charm and character to their exteriors.