New Market Investors LLC

Hidden Oak Estates

NMI purchased this 318 unit, 1973 built apartment property located in Indianapolis, IN in March of 2009.  NMI acquired the property from the first mortgage lender following a deed in lieu of foreclosure.  The property was 58% occupied and in substantial disrepair when we closed and have since completed an operational turnaround and physical renovation using conventional financing and substantial owner capital.  The property is now 100% renovated and 96% occupied.