South Haven Village Apartments

Location: Indianapolis, IN
Type: Multifamily
Price: $4,900,000

SMC provided a $4,900,000 senior loan to refinance the existing floating rate loan on an 85 unit, garden style multi-family property located in Indianapolis, IN. Subject was built in 2001, sits atop 9.85 acres, and is improved with 29, one and two-story townhomes. Project amenities include on-site management, clubhouse, and stocked lake. The occupancy was 97.65% at time of close.