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INDIANAPOLIS — Tikijian Associates has arranged the sale of Decatur Woods Apartments in
Indianapolis. The 180-unit, garden-style apartment community is located at 5838 W. Mooresville Road. Indianapolis-based Ardizzone Group purchased the apartment community for an undisclosed sales price. Ardizzone Group plans to rename the property Aspen Pointe and complete a multi-million-dollar renovation, which will include the addition of new windows, a clubhouse, full interior upgrades to apartment units and an updated common area. Tikijian Associates represented the seller, Chicago-based JVM Realty.