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IndianaMultifamily

CBRE closes sale of 218-unit apartment property in Greenwood

September 13, 2024
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Photo courtesy of CBRE.

CBRE has arranged the sale of The Hangar on Emerson, a 218-unit multifamily property in Greenwood, Indiana. Railfield Partners purchased the property from The Garrett Companies for an undisclosed amount.

CBRE’s Hannah Ott, George Tikijian, Cam Benz, Claire Bullard and Ryan Stockamp represented the seller in the transaction.

The Hangar on Emerson is located at 1140 Emerson Pointe Drive, just south of Indianapolis and proximate to the Interstate 65 and County Line Road intersection. Built in 2023, the property features a range of one-, two- and three-bedroom floor plans averaging 1,006 square feet.

Community and unit amenities include a resort-style swimming pool and spa, courtyards with seating areas, a clubhouse, controlled access, a fitness center, a pet park, a patio/balcony in each unit, in-unit washers and dryers, stainless steel appliances and a yoga room.

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