AVON, IN – JVM Realty Corp., a leading vertically integrated, multi-family real estate investment and management company, announced the purchase of Satori Flats, a newly built community in the Indianapolis suburb of Avon, Indiana.
The class A residential community was built in 2019 and has 269 luxury apartments.
"We are very excited to add Satori Flats to our portfolio of luxury suburban Indianapolis apartments," said Jay Madary, president and chief executive officer of JVM Realty Corp. "The highly desirable Satori Flats location in the growing suburb of Avon – just five miles from downtown Indianapolis and ten minutes from Indianapolis International Airport – offers residents luxurious living in a fully serviced residence."
Satori Flats is managed by JVM Management Inc. and is the third owned by JVM Realty Corp. in the region. The company's total portfolio includes 18 municipalities in four states with a total of 4,909 units.
Source: JVM Realty