The Wernke team of Colliers International|Indiana region recently sold a 60-unit apartment property in Indianapolis.
Located on Saddlebrook Court, Park Place at Fox Hill includes five two-story buildings.
Michael Wernke, senior vice president of investment and multi-family services, brokered the transaction.
Fox Hill Apartments LLC sold the property to an affiliate of locally based Barratt Asset Management for an undisclosed price. This marks the eighth multi-family sale for the Wernke team in 2014.
