CBRE has arranged the sale of The Coil, a 151-unit multifamily property in Indianapolis. The Connor Group purchased the property from Promus Realty Properties for an undisclosed amount.
CBRE’s Steve LaMotte, Jr. and Dane Wilson represented the seller in the transaction.
Built in 2017, The Coil is located at 6349 N. College Ave. within the Broad Ripple Village entertainment district. The property offers a mix of studio-, one- and two-bedroom floorplans averaging 887 square feet and features gated structured parking, bike storage, a 24/7 fitness center, a pet spa, smart home technology, an outdoor courtyard and direct interior access to Fresh Thyme Market.
