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Alabama Investment Firm Picks Up 113-Unit Indianapolis Apartment Complex

Engel Realty Co. Pays $12.3 Million for Park Central North
By Taylor Damm
CoStar News
November 20, 2018 | 7:20 P.M.

Birmingham, Alabama-based Engel Realty Company, a full service investment firm, purchased a 113-unit apartment complex in Indianapolis from a private investor based near San Francisco. Park Central North sold for $12.3 million, or about $109,000 per unit.

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News | Alabama Investment Firm Picks Up 113-Unit Indianapolis Apartment Complex