INVESTMENT: HFF Markets 264-Unit Apartment Community in Indiana
- Oct 05, 2010
Merrillville, Ind. – The Chicago and Indianapolis offices of HFF (Holliday Fenoglio Fowler, LP) announced today that they have been named to market for sale Broadmoor Country Club Apartments, a 264-unit multi-housing community in Merrillville, Ind.
The HFF investment sales team will be led by Executive Managing Director Matthew Lawton and Managing Directors Sean Fogarty, Marty O’Connell and John Sebree, who are marketing the property on behalf of JVM Realty Corp. The property can be purchased on an all-cash basis or subject to an assumption of the existing financing.
Broadmoor Country Club Apartment is located at 3944 West 77th Place close to Interstate 65 about 30 miles southeast of downtown Chicago. The property has 44 one-bedroom and 220 two-bedroom units averaging 953 square feet each. Community amenities include a swimming pool, fitness center and business center.
“Broadmoor Country Club Apartments offers residents convenient access to the regional highway system, major employment centers in south Chicago and northwest Indiana, and retail centers along the US 30 corridor,” said Lawton.
JVM Realty Corp. specializes in identifying, acquiring, and managing apartment communities throughout the Midwestern United States.