The Martin Multifamily Team is pleased to present Nickel Plate Apartments, a 6-unit apartment community located in downtown Fishers' vibrant Nickel Plate District. The property is 100% occupied and has several long term tenants who have called the property home for 10+ years. The property rent is below market and provides an opportunity for a buyer to increase cash flow by raising rent. The property contains 3 - 1 Bedroom units and 3 - 2 Bedroom units.

Nickel Plate Apartments is well located close to the corner of 116th St. and Lantern Rd. The property is within walking distance to to a number of desirable destinations and amenities including Target, CVS, restaurants, breweries, boutiques, and many more. Residents of this property are able to take advantage of the city sponsored programs at the Nickel Plate Amphitheater such as farmers markets, Fishers Summer Concert Series, and many more activities just blocks away. The City of Fishers has invested heavily to revitalize the downtown core, which has caused several new development projects to occur including The Switch, The Depot, The Edge, IKEA, Top Golf, The Yard, North of North, and the Nickel Plate Walking Trail. I-69 is just blocks away allowing for easy access to the rest of the Indy metro area in just minutes from 116th St or the new exit at 106th St. The property is minutes away from the proposed mass transit Green Line that would connect Noblesville, Fishers, and downtown Indianapolis.

The Principal Broker of SVN | The Martin Group is a General Partner of Nickel Plate Apartments and is also a licensed broker in the state of Indiana.

Location Description:

Nickel Plate Apartments is well located within the Fishers' Downtown Core submarket.

Highlights:

>> Within walking distance to groceries and many more amenities

>> Located in the Fishers CBD

>> Value Add Opportunity

>> Below Market Rents

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Sales Info:

>> Commision split: 3.0%