Outlook Hamilton

12975 Harrell Parkway, Noblesville, IN, 46060, US

Asset description

JLL is pleased to present Outlook Hamilton, a newly built 172-home luxury 55+ apartment community in the exclusive Noblesville suburb of Indianapolis. Delighting its affluent 55+ demographic, Outlook Hamilton features spacious condo quality homes plus endless amenities including an outdoor pool, putting green, and movie theater. Delivered in 2023, Outlook Hamilton is rapidly approaching stabilization and now seeing 67% retention with no concessions on renewals.

Just 30 minutes north of downtown Indianapolis, Noblesville is renowned for its historic town square and ranks #3 Best Place to Live in Indiana and in the Top 50 in the US by US News. In addition to its coveted Noblesville address, Outlook Hamilton boasts a dynamic walkable location to Hamilton Town Center, an outdoor mall featuring 90 shops and restaurants including Total Wine and Nordstrom Rack.

This unbeatable “Gray Wave” investment opportunity is available for purchase free and clear of existing debt, with the opportunity to partner with Greystar, the gold-standard manager of active adult communities nationwide.

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Attributes

Year built

2023

Units

172

Media

Investment highlights

Top US Suburb
Noblesville ranked #3 Best Place to Live in Indiana & a Top 50 in Country by US News in 2025
$434,000 Average Home Value & $118,000 Average Household Income

Perfect for Indy’s Most Active Adults
Steps to Hamilton Town Center— Home to 90 Shops & Dining Options, including Total Wine & Nordstrom Rack
Minutes from 2 Regional Hospitals & 7 Golf Courses

On Trend Investment Profile
Strong Leasing Momentum - 37 Move Ins Last 4 Mos & Only 18 Units to Go Until Stabilized Occupancy!
Rare Entrée into a Top 3 Indy Suburb

Age-Restricted Advantages
Rent Premium to Conventional: 55+ Apartments can Achieve up to 25% Higher Rents
Sticky Tenancy: Average national retention is ~80%