Pedcor is further expanding its presence in Indianapolis, Indiana, with the addition of a 17th community to our diverse portfolio mix in the city. Serving as the capital of Indiana, Indianapolis offers a plethora of opportunities for shopping, dining, and entertainment, making it an attractive location for growth. Excitingly, we have recently closed on all construction financing for City Heights Apartment Homes in the Southdale neighborhood. This milestone brings us one step closer to our vision for this new development.
City Heights Apartment Homes Development
Introducing City Heights Apartment Homes, a remarkable affordable multi-family development located just miles south of downtown Indianapolis, IN. This 200-unit community is thoughtfully designed to cater to households earning at or below 60% of the area median income. The development consists of ten residential buildings, featuring a mix of two and three-story garden-style walk-up structures including one building which houses a clubhouse/leasing center on its first floor, providing a central hub for residents. The unit selection includes spacious one-bedroom, two-bedroom, and three-bedroom apartments, ensuring a diverse range of living options. Ample free on-site surface parking is available, with additional for-rent choices such as garages and carports.
Residents of City Heights Apartment Homes will enjoy an array of full-service amenities that enhance their living experience. The furnished clubhouse boasts a fitness center, ideal for maintaining an active lifestyle, and a business center for residents’ professional needs. A common gathering room with a fully equipped kitchen creates a perfect space for socializing. On-site management and maintenance offices are conveniently located for easy access. For the little ones, a playground/tot-lot will provide endless hours of fun, while a bark park offers a dedicated space for furry friends. Sports enthusiasts will appreciate the multi-use sports court, catering to various recreational activities. And on hot summer days, a refreshing swimming pool beckons residents to take a dip.
Inside the apartments, residents will find an array of desirable in-unit amenities. Each apartment features a fully equipped kitchen, window blinds, and an individual porch, patio, or balcony. To cater to storage needs, exterior storage options are also available. Pedcor Management Corporation will manage the property, which is in line with Pedcor’s belief that the management of an apartment community is the key element for its ongoing success. City Heights is one of 192 apartment communities in the Pedcor Companies’ portfolio. Pedcor has reached multiple Indiana communities with a portfolio of over 50 Indiana properties. City Heights Apartment Homes present an unparalleled opportunity for affordable living in Indianapolis, combining comfortable residences with an abundance of amenities and proximity to all that Indianapolis has to offer!
Pedcor Companies is a full-service development, construction, property management, banking and finance team committed to creating stable, inclusive, and quality rental housing across the nation. We are cultivating thriving communities. For more information, please visit our website.
Pedcor supports the federal fair housing act and all state and local laws prohibiting discrimination in housing with regard to race, color, religion, national origin, sex, familial status, handicap, creed, sexual orientation, gender identity, and lesbian, gay, bisexual, transgendered (LGBT+) individuals. Pedcor is an equal opportunity provider and employer.