Gateway Crossing
Gateway Crossing is a 156-unit apartment property built in 2005 and located in a suburb east of Indianapolis, IN.
Property Key Features
Market:
McCordsville, IN
Number of Units
156
Date Acquired:
07/01/2018
Gateway Crossing is a 156-unit apartment property built in 2005 and located in a suburb east of Indianapolis, IN. The property has maintained historic high occupancy driven by demand within the growing McCordsville sub-market of the greater Indianapolis MSA.
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Full-Cycle Project
Net IRR: 38%
Equity Multiple: 3.44x
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