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Indianapolis Apartments Sell for Record Price

OIder Outlying Rental Property Commands Attention Despite Wave of New Construction Downtown

With thousands of new, upscale rentals in downtown Indianapolis, cheaper outlying spots such as Riverbend Apartments have captured the attention of investors. (CoStar)
With thousands of new, upscale rentals in downtown Indianapolis, cheaper outlying spots such as Riverbend Apartments have captured the attention of investors. (CoStar)

A suburban Indianapolis apartment complex has sold for a record price.

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