Oaktree Apartment#

Transcription

Oaktree Apartment#

OAKTREE APARTMENTS
www.aspreyrealestate.com
sales@aspreyrealestate.com
Oaktree Apartments is a 336 unit community located on the northeast side of Indianapolis at 9012 Pinehurst Drive
North, Indianapolis, IN 46235.
The property has 28 buildings with gross square footage of 221,120. Each building has 12 apartments, six of them are 1
bedroom and six of them 2 bedroom layout. The 1 bedroom layouts average 570 square feet & the 2 bedroom 740 square
feet per unit. The community is located on an 18.62 +/- acre site and is constructed of two-story wood frame with brick
veneer and vinyl exteriors, concrete slabs, and pitched asphalt shingle roofs.
The rooms are very spacious, with an area of 570
square feet for the 1-bedroom apartments, large
enough to accommodate a two-person family. The
2-bedroom apartments are 740 square feet.
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Spacious floor plans
Energy efficient appliances and bathrooms
Kitchen and bath upgrades
New carpet, windows and patio doors
Cabinets
Fans & Furnace
Indianapolis benefits from a central location, a strong industrial and
manufacturing base and good property and population demographics.
Unemployment and cost of living are below the national average with
a strong demand for single family rental homes.
Revitalised metro area over last 10 years with an influx of technology
parks, biotech & medical research companies.
Known as the crossroads of the United States as 200 million of the
population live within 700 miles of Indianapolis.
Eli Lilly, the $40 Billion pharmaceutical giant employing 38,000 has
been head-quartered in Indianapolis since 1876.
2,000 IT firms with over 28,500 employees.
The Tourism & Convention business worth $3.4 billion annually,
employing 69,000.
A new $1 billion airport, the 21st busiest cargo airport in the world
and FED EX’s 2nd biggest global hub.
2nd by Business 2.0 Magazine in Top Ten Metro areas poised for a
housing rebound.
4th nationally in Top 25 Cities for Business In Executive Outlook
Magazine.
4th Most Affordable City in the US by Forbes.
7th in Top Ten Metro Cities for economic growth potential in Business
Facilities Report.
One of the country’s top markets for return on rental properties by
Forbes.
Having over 500 foreign companies ranks Indiana first in the US for
foreign direct investment.
Metro Population: 1,953,961
Major Industries: Health care, Insurance
Gross Metro Product: $100.1 B
Median Household Income: $53,125
Median Home Price: $135,400
Unemployment: 5.3%
Job Growth (2013): 2.1%
Cost of Living: 6.7% below average
College Attainment: 32.1%
● Net Migration (2013): 2,520
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Indianapolis has a diversified economy with major contributions from education, health care and finance.
Tourism is also a vital part of the economy of Indianapolis, playing host to numerous conventions and sporting events such
as the Indy Jazz Fest, Indiana State Fair, Heartland Film Festival, and Indianapolis Theatre Fringe Festival.
Of these, perhaps the most well known is the annual Indianapolis 500. Other major sporting events include the Brickyard
400 and the Men's and Women's NCAA Basketball Tournaments.
The city is home to numerous higher education institutions including Ball State University, Butler University, Indiana
University, Purdue University Indianapolis, Ivy Tech Community College of Indiana, Marian University and Martin University
among others. Indianapolis has a wide variety of museums and galleries which appeal to art lovers, car enthusiasts, sports
fans, history buffs and people interested in science and technology.
The Indianapolis real estate market has been a source of growth. Median sales price is $ 32,000.
The Indianapolis real estate market this year will continue to gain strength along with the economic recovery, as several
sectors are showing more improvement.
With affordable housing, friendly neighbours, numerous job opportunities, excellent school systems, diverse religions,
shopping, safety and plenty of entertainment options, it’s not hard to see why more than 1.7 million people already call
the greater Indianapolis region home.
● Average commute time in Indianapolis is 20 minutes, less than the national average
● Indy Parks - over 150 parks and 7 trails are found in Indianapolis, including The Monon Trail, a 10 mile trail famous in
Indy for providing a chance to escape to the great outdoors and take a break from the typically hectic pace of city life.
● The Sports Capital - Home to the Super Bowl XLI winner Indianapolis Colts and the Indiana Pacers and host of the
Super Bowl XLVI in the new Lucas Oil Stadium.
● Home to the Indianapolis Motor Speedway, the largest spectator sporting facility in the world, which hosts The Indianapolis
500 and The Brickyard 400
● Hoosier Hospitality - although Indianapolis is ranked the 11th largest city in the county, it is known for its friendliness,
sense of community, and small-town values.
Fed Ex
Distribution, Logistics, & Freight
5000
Retail
1543
Healthcare
1026
Hospitality, Entertainment & Travel
986
Education
923
Charles Schwab
Financial Services & Insurance
826
GEICO
780
765
Education
663
599
579
Keller Williams Indy Metro
Real Estate
560
Witham Health Services
Healthcare
553
Barnes & Thornburg LLP
Services
466
Healthcare
427
Kroger Food Stores
St.Vincent Anderson Hospital
RCI
Center Grove Community School
Celadon Group Inc.
Harrison College
Monarch Beverage Co Inc
Fifth Third Bank
Tendercare Home Health Services
OAKTREE APARTMENTS
INVESTOR INFORMATION
This document contains information on investments and the dissemination of this information may be subject to or restricted
to laws and regulations in particular jurisdictions. This information is thus not intended to be published or made available to
or considered by anyone as an offer or solicitation in any jurisdiction where doing so would result in contravention of such
applicable laws and regulations.
In particular, any Cell mentioned in this document are not registered under the United States Securities Act of 1933, nor the
United States Investment Company Act of 1940 and therefore may not directly or indirectly be offered or sold in the United
States of America or any of its states, territories, possessions or other areas subject to its jurisdiction or to or for the benefit
of a United States Person.
The information in this document is only intended for Expert Investors as defined by the Securities Act 2005 and The Securities
(Collective Investment Scheme and Close End Funds) Regulations 2008 of the Republic of Mauritius. The Fund is regulated
by the Financial Services Commission.
Subject to the above, applications to invest in a Cell must only be made on the basis of an offer document (Prospectus or
simplified Prospectus) relating to that particular Cell. Each offer document will detail the properties targeted by type, value,
residual equity, liquidity, etc which will enable any investor to make an informed judgment on the investment opportunity
proposed.
Investors should be aware of the risks associated with property investment. Please remember that past trends are not
necessarily a guide to the future. Markets and other conditions may make the value of investments and the income there from
to fall as well as rise and it is possible to realise less than you invested. Before making any investment, users should consult an
appropriate professional advisor to determine all relevant considerations including tax consequences, and suitability of the
investment to particular circumstances. If you are unsure about the meaning of any of the information contained in this
document, please consult your financial advisor or other professional advisor.

Oaktree Apartment#

Transcription

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