Waterfront Terrace | Indianapolis, IN

Property Overview

Waterfront Terrace is an apartment community on the Northwest side of Indianapolis. Comprised of 220 units sitting on a spacious 18.93 acres, the community offers a great mix of well-designed flats and townhomes, some of which have large arched ceilings and all of which have a patio or deck. In 2012 every residential roof was replaced and 86 units underwent a full remodel. The property has a large swimming pool, sun deck and a club house, all of which R. Investments plans to bring back to life. Built in 1975, the property consists of 24 residential buildings and has large areas for amenities such as playgrounds, barbeque grills, picnic tables and gazeebos. There is an abundance of open grassy areas, some of which are large enough that we plan to install community soccer fields. The property is located close to both the airport and downtown Indianapolis.

Property Details

Name: Fox Run Apartments Waterfront Apartments
Property Address:  3510 Kebil Drive, Indianapolis, IN 46224

Site Description

Number of units: 220
Number of buildings: 24
Number of Stories: 2
Year Built: 1975
Rentable sq ft: 189,264 +/- Lot size: 18.93 +/-
Parking: 428 spaces +/-


Foundation: Concrete slab
Framing: Wood Frame
Exterior: Brick
Parking Surface: Asphalt
Roof: Pitched/composition shingle


HVAC – Forced air