A large apartment complex in Indianapolis has recently sold to an out-of-state investor for more than $61 million.
Norfolk, Va.-based Harbor Group International purchased the 740-unit Lakeshore Apartments from an unidentified seller.
Harbor Group International, or HGI, plans to invest additional capital into the property, but has no immediate plans to develop the additional 22.8 acres of undeveloped land included in the sale.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!