Beech Tree Glen Apartments – INCOME PROPERTY ORGANIZATION

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Beech Tree Glen Apartments

Available | $6,900,000

240 Grovewood Pl, Beech Grove, IN 46107
Property Type: Multifamily
Total Number of Units: 76
Average Square Feet: 868
Price per Unit: $90,789
Gross Rent Multiplier: 6.95
Expense to Income Ratio: 52.34%
Debt Service Coverage: 1.40
Year One ROI: 6.51%

Listing Agents: Kevin Jahnke & J.J. Zwada

Location

EXECUTIVE SUMMARY:

Beech Tree Glen is a 76 units apartment complex in Beech Grove, Indiana, in the suburbs of Indianapolis. The community boasts an attractive mix of one-bedroom and two-bedroom apartment homes ranging in size from 800 to 900 square feet. Beech Tree Glen Apartments were built in 1970 and have been well maintained over the years.

MEET OUR TEAM

Founder | Managing Member, Michigan | Sales Associate, Kentucky

Associate Broker, Michigan | Broker, Illinois

A.J. Beachum, J.D.

Associate Broker, Michigan | Broker, Ohio

Associate Broker, Michigan | Managing Broker, Indiana

Sales Associate, Michigan, Ohio, & Kentucky

Sales Associate, Michigan

Paul McHugh, J.D.

Managing Broker, Kentucky | Associate Broker, Ohio | Sales Associate Michigan

Associate Broker, Michigan | Executive Assistant

Managing Broker, Florida | Broker, Indiana | Sales Associate, Michigan & Ohio

Sales Associate, Michigan & Ohio