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IndianaMultifamily

Walker & Dunlop closes sale of 218-unit multifamily property in Indianapolis

April 15, 2025
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Photo courtesy of Walker & Dunlop.

Walker & Dunlop facilitated the sale of Cosmopolitan on the Canal, a multifamily property in Indianapolis.

The W&D Midwest Investment Sales team led by Steve LaMotte Jr., Dane Wilson and Ross Wettersten arranged the sale on behalf of a Midwest-based institutional client, and the buyer, PRP Real Estate Investment Management.

Cosmopolitan on the Canal is a 218-unit multifamily apartment complex at 310 W. Michigan St. in Indianapolis. The property sits near the expansion of Indiana University Health and the campuses of Indiana University of Purdue University.

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