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William Penn Apartments_1925 Westview Drive

$1,900,000

1925 Westview Drive, Indianapolis, IN 46221

Active
Last Updated: 09/08/2022

33,000 sqft

Building Size

39

Units

Details:
Building Size:    33,000 sqft
Units:    39
Occupancy:    97%
Year Built:    1997
Zoning:    D-P Planned Unit Development
Floors:    2
Cooling:    Central
Description:

William Penn Commons provides affordable senior housing in West Indianapolis.  This MF property contains 39 units and was developed through a Section 42 Low Income Housing Tax Credit Property.  It is adjacent to the Mary Rigg Neigbhorhood Center with an active senior program.  Rents are availabe for those that ualify for Section 42 Tax Credit programs and Seciton 8 certificates. There are 38 One Bedroom Units and 1 Studio with utilites included.  Each unit ncludes range, refrigerator, dishwasher and central AC.  Total building size is 33000 sf, including a 3000 sf dining area. Constructed in 1997, William Penn Commons is on a 99 year land lease with 76 years remaining. 


At the Corner of  West View Drive and Kappes Street in West Indianapolis


Stabilized Affordable Senior Housing Project

39 Units All Designed to meet 1997 Senior Housing Standards

Property has 76 Years Remaining on A Land Lease

Walkable Area With Mary Rigg Neighborhood Services Next Door

Two Bus Stops Nearby

Map:
Documents:
Title
William Penn Commons Property Aerial View
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Phase 2 William Penn Commons Senior Housing
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William Penn Commons Top Half Is Site Plan
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Location
Gallery