multi-family-real-estate-investment-property
multi-family-real-estate-investment-property
The MeadowsCommunities

Veridian Castleton

Veridian Castleton is a 398-unit, two-story apartment community in Castleton, a neighborhood in Indianapolis, Indiana located off E 75th street near the interchange for I-69 and I-465. This apartment community is comprised of large units that average 1,167 square feet while staying below-market rents. Residents enjoy spread-out apartment buildings that create inviting green space and close parking to building entrances.  This community has the benefit of having a 24/7 state-of-the-art fitness center, a large pool, and lounge area, tennis courts, pavilion and grill areas, and a playground. Veridian Castleton is located in an affluent single-family subdivision, Ivy Hills. The sense of place from the subdivision transcends into  Veridian Castleton creating a quiet and peaceful atmosphere. Veridian Castleton is in an exceptional location. Niche.com ranks Castleton as the second-best neighborhood to live within the Indianapolis MSA. Veridian Castleton is close to robust retail including Castleton Square mall, a hospital campus, and employment districts.   

Highlights

  • Desirable ammenities
  • Close to Retail and shops
  • Value-add renovations planned

Location:

Indianapolis, IN

Units:

398

Acquired:

Q1 2021

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