Location

EXECUTIVE SUMMARY:

Parkside Apartments in Franklin, Indiana, were built in 1962. The complex consists of four, well-maintained, low-rise buildings, each containing twelve (12) apartments, bringing the total unit count to 48. Forty (40) units are two-bedroom, one-bath apartments measuring 750 square feet. The remaining eight (8) units are one-bedroom, one-bath apartments and measure 650 square feet.

Parkside has a strong occupancy of 96% and has maintained this level of performance for many years. The buildings are clean and in great condition. The boilers have been abandoned; each unit now has individual forced heat/air.