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JLL Marketing Luxury Apartments in Indianapolis
JLL is marketing Wesley Place, a new 244-home midrise apartment community bordering the Indiana University Health Campus just north of downtown Indianapolis, for sale.
Built in 2023, the property features studio, one- and two-bedroom apartments with an array of amenities. As the only luxury building in the transformative medical district, Wesley Place has now 91% leased during lease-up. Breaking ground in 2022, the IU Health Campus (IUHC) redevelopment and expansion will total
$4.3 billion of investment, making it the largest healthcare project in the U.S. today.
Wesley Place is conveniently located less than a 10-minute walk to each of the new medical buildings on the state-of-the-art 44-acre campus and a short six-minute drive or red line bus ride from downtown Indianapolis. The building also features 10% affordable units—qualifying the property for an accretive tax abatement and mission-driven agency financing savings. Wesley Place is now available below replacement cost and free and clear of existing debt.
