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Multifamily

Westhaven Townhomes

8483 E County Rd 200 N, Avon, IN 46123

Listing Price: Request For Offer

Number of Units
72

Investment Overview

Marcus & Millichap is pleased to present a rare opportunity to forward purchase a class-A build-to-rent community in one of the fastest growing Indianapolis suburbs. The community will consist of 36 luxury-paired duplexes (72 units) with completion scheduled for Spring/Fall 2022. The community sits on 19 acres with horizontal infrastructure already completed and vertical construction ready to begin as early as March. The land is owned and developed by Davis Homes, a third generation custom homebuilder and experienced development specialist. The proposed structure is for investors to contract with Davis Homes and fund the vertical component through negotiable draw stages. Buyers will be able to choose from various floor plans and model unit sizes. Options include a Farmhouse or Craftsman elevation style with four different floor plan options. Floor plans range from 1,3030 square feet to 1,771 square feet with loft options available for an additional full bedroom/bathroom, adding roughly 600- 700 square feet. Standard models contain two and three-bedrooms, two-bathrooms, with two car garages.

Investment Highlights

  • Rare opportunity to forward purchase a class-A build-to-rent community in one of the fastest growing Indianapolis suburbs.
  • This is the first of seven total offerings containing 352 units in various stages of development.
  • 36 luxury-paired duplexes (72 units) with completion scheduled for Spring/Fall 2022.
  • Buyers will be able to choose from various floor plans and model unit sizes. Floor plans range from 1,303 sq ft to 1,771 sq ft with loft options available.

Exclusively Listed By

  • Samuel McCarthy

    Senior Associate

    (630) 570-2233

    Email Samuel

    License(s): IL: 475.176464

    Chicago Oak Brook

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): IA: B65027000, WI: 15869-090, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Multifamily

Westhaven Townhomes

Investment Highlights

  • Rare opportunity to forward purchase a class-A build-to-rent community in one of the fastest growing Indianapolis suburbs.
  • This is the first of seven total offerings containing 352 units in various stages of development.
  • 36 luxury-paired duplexes (72 units) with completion scheduled for Spring/Fall 2022.
  • Buyers will be able to choose from various floor plans and model unit sizes. Floor plans range from 1,303 sq ft to 1,771 sq ft with loft options available.

Investment Overview

Marcus & Millichap is pleased to present a rare opportunity to forward purchase a class-A build-to-rent community in one of the fastest growing Indianapolis suburbs. The community will consist of 36 luxury-paired duplexes (72 units) with completion scheduled for Spring/Fall 2022. The community sits on 19 acres with horizontal infrastructure already completed and vertical construction ready to begin as early as March. The land is owned and developed by Davis Homes, a third generation custom homebuilder and experienced development specialist. The proposed structure is for investors to contract with Davis Homes and fund the vertical component through negotiable draw stages. Buyers will be able to choose from various floor plans and model unit sizes. Options include a Farmhouse or Craftsman elevation style with four different floor plan options. Floor plans range from 1,3030 square feet to 1,771 square feet with loft options available for an additional full bedroom/bathroom, adding roughly 600- 700 square feet. Standard models contain two and three-bedrooms, two-bathrooms, with two car garages.

Exclusively Listed By

  • Samuel McCarthy

    Senior Associate

    (630) 570-2233

    Email Samuel

    License(s): IL: 475.176464

    Chicago Oak Brook

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): IA: B65027000, WI: 15869-090, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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