Marcus & Millichap negotiated the sale of Carmel Village Green, a 24-unit apartment property located in Carmel, Indiana.
Aaron Kuroiwa and Tony Rogers, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the seller, SMF Carmel Village I, LLC, and procured the buyer, TMA Carmel, LLC.
Located at 501 1st Ave. SE, Carmel Village Green features a unit mix of one-, two- and three-bedroom floor plans across 19,440 rentable square feet. Built in 1963, the property is situated on 1.2 acres within a quarter mile of local attractions such as Midtown Plaza, the Carmel Arts & Design District and the Monon Trail.
