Project Overview

Turnberry Apartments is located in Marion, IN. The subject property consists of 100 units with washer dryers in the units. The property was purchased the 4th quarter of 2022, in an “off market” transaction directly with the Seller at well below replacement cost. The property will be repositioned by improving the common areas and upgrades to the vacant units. These upgrades will enable ownership to increase renewal rents and upcoming vacancies rents to market.

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Details

SQUARE FOOT

103,090

UNITS

100

CONSTRUCTION

TYPE V

YEAR BUILT

1991/2022