DEAL OF THE DAY: 116-Unit Seniors’ Facility Sells for $5.9M
- Aug 05, 2008
By Anuradha Kher, Online News EditorIndianapolis–Tikijian Associates recently arranged the sale of Atrium Village Apartments, a 116-unit seniors’ community located near 25th St. and Mitthoeffer on the east side of Indianapolis, for an asking price of $5.9 million.Tikijian Associates represented the seller, Barrett & Stokely Inc. in the sale to TLK Properties, a private investor based in Lakewood, N.J.Atrium Village is a community for senior citizens 55 years and older. The property features 116 two-bedroom, ground floor units with a private entrance for each. TLK Properties will continue to run Atrium Village as a seniors’ property.