Built in 1990 and is a 53,049 square foot office and retail project consisting of 8 buildings. Located north of downtown Indianapolis, Indiana in Carmel this stabilized property is well located in this affluent community with excellent access. Carmel Court is a multi-tenant project that upon acquisition in November 2006 was 98% occupied. This property is producing cash-on-cash returns in the first year of 7.68%. Legacy acquired this property on behalf of RealNet Investments.
