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Steadfast Apartment REIT acquires 307-unit apartment complex in Indianapolis

Staff Writer April 4, 2017
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Steadfast Apartment REIT recently acquired Harrison Place, a 307-unit apartment complex in Indianapolis for $27.9 million.

Harrison Place was built in 2001 and sits on nearly 22 acres. The development, which is 95 percent occupied, features one-, two- and three-bedroom apartments. It also features two- and three-bedroom cottages.

Average monthly rent at the facility is $828.

Amenities at the development include clubhouse, fitness center, business center, laundry faclity, swimming pool and tenant lounge.

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