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Updated about 9 years ago,
Indianapolis apartments
Did any of you try investing in apartments in Indy? If so, how was your experience? I have been hearing that in Indy SFR can be good but duplex, triplex don't work out as they end up high vacancies. I wonder how MFR (>5 units) work?
Are there particular cities / neighborhoods where commercial MFR work? Does it have to be certain size / class A/B to work?
Also, I am interested in connecting with other MFR investors, CRE brokers, property managers in Indy. Any recommendations?
Thank you all.