Avia Lofts at Founders Road

Just a short drive from downtown Indianapolis, Eagle Creek Park, Indiana State Fairgrounds, and several universities, Avia Lofts at Founders Road is a newly renovated apartment community that residents love. Acquired in early 2021 as a Residence Inn by Marriott hotel, this property joins the PEG Extended Stay Conversion Fund, L.P. [PEG ESCF], a fund specifically dedicated to the conversion of discounted extended-stay hotels into quality Class-B multifamily housing.