Churchman Woods

5350 Churchman Avenue, Beech Grove, Indiana

Property Information
	Developer: Aspen Capital Corporation
	General Contractor: Oakwood Construction Companies
	Property Type: Older Adult
	Cost: $5,450,964
	Apartment Homes: 90

Property Description
	Churchman Woods is a 90-unit apartment community for older adults age 62 years and older. The 3-story development located in a Southeast suburb of Indianapolis was placed-in-service in 1996. Churchman Woods offers a community room, lounge and kitchen for use by residents, and laundry rooms on each floor. Apartment amenities include air conditioning, dishwashers, disposals and appliances. The 10-acre site includes 45 carports and an additional 98 parking stalls, as well as an outdoor patio with gas grills.

	Churchman Woods was made possible through a $2.6 million investment by HPI and the Heartland Properties Equity Investment Fund IV. Mortgage financing is provided through PW Funding.