City View Farm Apartments

Location: Franklin, IN
Type: Multifamily
Price: $6,000,000

SMC provided a first mortgage loan to refinance existing debt collateralized by City View Farms Apartments, an 84 unit garden style apartment building located in Franklin, IN approximately 19 miles south of the Indianapolis CBD. The Property was originally developed in 2004 and the improvements consist of four three-story buildings, which combine for approximately 89,088 SF. Unit amenities include outdoor patio or balcony, individual washer and dryer hookups, a community playground, and parking garages that are available for rent.