34-unit stabilized multifamily acquired in 2021 and exited May 2026. 3.89× equity multiple. $987K total profit. 100% occupied at close.
34-unit stabilized multifamily — Indianapolis, IN. Acquired 2021, exited May 2026.
We focus on stabilized cash flow, defensible locations, and assets priced below replacement cost. Our concentrated approach lets us know every property intimately before we commit capital.
Kubera Capital Group was founded on the belief that consistent, risk-adjusted returns come from operational excellence rather than speculative bets. We manage every asset directly, maintaining close relationships with tenants and local market participants.
We acquire assets generating positive cash flow from day one. No stabilization risk — just durable, recurring income.
We hold fewer assets, understood more deeply. Every acquisition meets the same rigorous criteria, every time.
Our principals co-invest alongside partners. Our incentives are fully aligned with investor outcomes.
Detailed financial reporting and direct access to leadership — no intermediaries, no black boxes.
A 34-unit stabilized multifamily portfolio acquired in 2021 and successfully exited in May 2026. 100% occupied at close with verified in-place cash flow throughout the hold.
Located near the Indianapolis Motor Speedway with steady employment anchors and strong renter demand. Acquired below replacement cost, operated at full occupancy throughout the hold, and exited at a significant premium to the original basis.
Indianapolis consistently ranks among the top Midwest metros for multifamily investment fundamentals — driven by population growth, employer diversification, and housing affordability constraints.
Indianapolis MSA grew by 12.4% over the last decade, ranking in the top quartile of major Midwest metros. In-migration from higher-cost coastal cities continues to accelerate rental demand.
Home to Eli Lilly, Salesforce, and a growing life sciences cluster, Indianapolis offers a diversified employment base that supports stable renter demand across economic cycles.
Effective rents in the Indianapolis MSA have grown 4.2% year-over-year. The Speedway submarket has outperformed the broader metro on rent growth for three consecutive years.
Darshan has over 20 years of experience in active real estate investments, including purchasing, managing, renovating, and stabilizing single family, mid-sized multifamily, and large multifamily properties. He has $20M+ in Multifamily Real Estate in his portfolio, with controlling ownership in 225+ units across the Indianapolis Metro market. He also operates Compass Property Management, overseeing 400+ units throughout Central Indiana.
JR has over 10 years of experience in active real estate investments, including purchasing, renovating, and stabilizing single family, mid-sized multifamily, and large multifamily properties. He has $10M+ in Multifamily Real Estate in his portfolio, with controlling ownership in over 100+ units in the Indianapolis Metro market. JR also brokers real estate transactions and brings hands-on experience negotiating and closing deals.
Every acquisition follows the same disciplined framework. Speedway Fisher is one example of what that process delivers.
Off-market and lightly marketed opportunities identified through deep local relationships and direct outreach.
Conservative underwriting with a focus on in-place cash flow, replacement cost, and downside protection.
Direct management through our affiliated property management company. No third-party risk.
Disciplined exits at or above underwritten returns, timed to market conditions and investor objectives.
The Speedway Fisher transaction is now closed. To be considered for future offerings or to explore a partnership with Kubera Capital Group, reach out directly and our team will follow up promptly.
Speedway Fisher closed May 20, 2026. Actively evaluating next acquisitions.