Jackson Run Townhomes

Jackson Run South is an 84-unit multifamily 
community of built-to-rent townhomes located in 
the Indianapolis MSA. The property, constructed 
in 2023, provides tenants with extremely 
spacious three- and four-bedroom units with in-
unit laundry and individual, attached two-car 
garages. In addition to large, high-quality units, 
Jackson Run South is equipped with fire pit areas 
and a dog park. The property was acquired 86.5% 
occupied, which providing a value-add, lease-up 
play for Midloch and the sponsor. The business 
plan provides an opportunity to create value by 
increasing occupancy, marking rents to be in 
line with comparables, increasing other income, 
and implementing locally-based property 
management.

Jackson Run South is located in Whitestown
a desirable and growth-oriented suburb of
Indianapolis, Indiana. The apartment property
is well-positioned closely to a corridor of
company headquarters and job growth between
Whitestown and Lebanon, with major access to
I-65 and Highway 865. This location boasts high
demographics.