250 S Meridian Street
Mixed Use | Indianapolis, IN
- Exceptional City Views
- Top Line Finishes
- Proximity to Nearby Entertainment
- In-Unit Washers/Dryers
- Diversified Income Source (Retail, Multifamily)
XMark Midwest is pleased to bring to market 250 S Meridian Street, Indianapolis, IN, a prime investment opportunity in the heart of downtown. Built in 1915 this mixed-use property offers a unique combination of two commercial and nine residential spaces, strategically positioned within one of the city’s most vibrant and dynamic neighborhoods.
With two retail spaces and nine residential units, 250 S Meridian offers investors a diverse range of income-generating opportunities.
Located in downtown Indianapolis, the property benefits from its central location and proximity to key amenities, including dining, entertainment, and recreational facilities. Its accessibility and visibility on a main commercial strip make it an attractive destination for both residents and visitors, ensuring steady foot traffic and patronage for retail tenants.
Don’t miss out on this rare opportunity to invest in the downtown Indianapolis scene. Whether you’re a seasoned investor or a first-time buyer, 250 S Meridian Street offers an attractive investment proposition with unlimited potential.
Northwestern Indiana Portfolio
141 Units | Northwestern, IN
- Fantastic Rental Markets
- Unit Renovations Recently Completed
- Professionally Managed Assets
- All Locations Easily Drivable to Downtown Chicago
XMark Midwest is pleased to present the three property Northwestern Indiana Portfolio. The portfolio consists of three multifamily properties located in the northwestern portion of Indiana which includes Orchard Park Apartments, Woodside Village Apartments and Farmer Drive Apartments. Combined, the portfolio offers 141 units within approximately 23 miles of each other.
The largest of the properties, Orchard Park Apartments, is in Hammond, Indiana and offers 80 units. Next is Woodside Village apartments, located in Valparaiso, Indiana with 32 units. And finally, Farmer Drive Apartments, located in Highland, Indiana with 29 units. The unit mix consists of one-, two-, and three-bedroom units ranging in size from 770 square feet to 1,300 square feet.
All three properties have undergone a significant amount of capital improvement.
315 Indianapolis Avenue
4 Units | Lebanon, IN
- High Demand Rental Market
- Near Downtown Lebanon
- Low Rents Compared to Market Yields
- Tremendous Upside Potential
XMARK MIDWEST is pleased to present 315 Indianapolis Avenue, Lebanon, IN. This four unit property was built in 1910, and consists of one, two-story building which sits on 0.2± acres.
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.
PENDING PROPERTIES
North Pointe Apartments
40 Units | Sullivan, IN
North Pointe Apartments, located in Sullivan, Indiana, is a 40-unit multifamily property. Built in 1997, the property encompasses 3± acres and consists of four residential buildings offering 30,672 square feet of rentable space.
The Harrison Apartments
84 Units | Indianapolis, IN
The Harrison Apartments, built in 1938, is located at 1320 N Delaware Street, Indianapolis, IN. The property is made up of one, six-story, all brick building and encompasses .65± acres.
Kokomo Multifamily Development Site
66 Units | Kokomo, IN
A 2.89± acre site primed for multifamily use in the rapidly expanding Kokomo area.
Marble Apartments
36 Units | Indianapolis, IN
The Marblehead Apartments, built in 1939, is located at 3310 N Meridian Street, Indianapolis, IN. The property is made up of one, three-story, building and encompasses .73± acres. Marblehead apartments feature a brick exterior for easy maintenance.
Rotherwood Apartments
60 Units | Indianapolis, IN
The Rotherwood Apartments, built in the 1920’s, is located at 1503 N Pennsylvania Street, Indianapolis, IN. The property is made up of one, six-story, building and encompasses .42± acres. The Rotherwood apartments feature a limestone façade, marble terrazzo entry, oak floors and crown molding.
Lofts @ Union
35 Units | Kokomo, IN
Built in 2015, Lofts @ Union is a 35-unit multifamily property located in downtown Kokomo, Indiana. The property offers stylish studio, one-, and two-bedroom units. Units range in size between 687 square feet to 1,041 square feet. Stainless steel appliances, granite countertop, soft close cabinets and keyless entry are just a few of the luxury interior features these apartments offer.
Portland Place Apartments
30 Units | Portland, IN
Built in 2003, Portland Place Senior Apartments is a 55 and over, 30-unit, multifamily community located in Portland, Indiana. The property is situated on 4.90± acres and offers a net rentable area of 24,884 square feet.