THE ROSELYN

3821 Central Ave, Indianapolis, IN, 46220

Investment Opportunity

$2,300,000
Price
9.50
GRM
$153,333
Price Per Unit
15
Number of Units
6.52%
Cap Rate
100%
Occupancy
$2,300,000
Price
9.50
GRM
$153,333
Price Per Unit
15
Number of Units
6.52%
Cap Rate
100%
Occupancy

Strong Asset Performance

  • The Roselyn has consistently maintained occupancy at or above 95%, underscoring it's strong operational track record and sustained renter demand for this high-quality product.

Modern Premium Finishes

  • Well-built in 2000, renovated in 2019 and meticulously maintained, The Roselyn offers spacious two-bedroom townhome layouts averaging 900 SF, thoughtfully designed with premium finishes including stainless steel appliances, quartz countertops, culinary experience kitchens, luxury vinyl plank flooring, and in-unit washers and dryers to meet the needs of today's renters and deliver a best-in-class living experience.

Prime Location

  • Situated in the Meridian-Kessler neighborhood, a historic gem on the north side of Indianapolis, exudes an undeniable charm with its grand, early 20th-century mansions and tree-lined streets. This affluent neighborhood, roughly bounded by Meridian Street, Kessler Boulevard, 38th Street, and the Monon Trail, is a mix of architectural styles, from Tudor and Colonial Revivals to the classic American Foursquare.

Historic Meridian-Kessler Neighborhood

  • A historic gem on the north side of Indianapolis, exudes an undeniable charm with its grand, early 20th-century mansions and tree-lined streets.
  • This affluent neighborhood, roughly bounded by Meridian Street, Kessler Boulevard, 38th Street, and the Monon Trail, is a mix of architectural styles, from Tudor and Colonial Revivals to the classic American Foursquare.
  • Beyond the stunning homes, Meridian-Kessler offers a vibrant community with trendy restaurants, cozy coffee shops, and unique boutiques clustered along North College Avenue.
  • Residents enjoy the tranquility of the suburban feel while still being close to the city’s amenities and the bustling Broad Ripple area. With its strong sense of community and commitment to preserving its historic character, Meridian-Kessler remains one of Indianapolis’ most desirable neighborhoods.
FOR MORE DETAILS CONTACT
Zachary Ossip
Senior Broker
(786) 385-7827
zach.ossip@xmarkmidwest.com