Indiana apartment portfolio purchased

Colliers Investment Services Group recently brokered the sale of three properties totaling 795 apartment homes in the Indianapolis metropolitan area.

The total value of the transactions was $37.5 million.

Among the acquisitions are Northlake Apartments (348 units), Mission Hills Apartments (267 units) and Jamestown Apartments (180 units).

McCann Realty Partners of Richmond, Va., purchased the properties from an unidentified owner.

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