The Life Properties tackling $6.1 million modernization work at 378-unit apartment community in Indianapolis
BY
RE Journals Staff
CEO
November 3, 2023
The Life Properties, the property management and construction management affiliate of Olive Tree Holdings, announced that the $6.1 million modernization efforts being carried out at The Life at Harrison Trails is 75% complete. Final project completion at the 378-unit multifamily community in Indianapolis is projected for the fourth quarter of 2024.

The Life Properties, the property management and construction management affiliate of Olive Tree Holdings, announced that the $6.1 million modernization efforts being carried out at The Life at Harrison Trails is 75% complete. Final project completion at the 378-unit multifamily community in Indianapolis is projected for the fourth quarter of 2024.

Property upgrades currently underway at The Life at Harrison Trails include select interior renovations to 302 of the community’s residences and upgrades to the office clubhouse and fitness center. Exterior improvements include new paint, repairs to the community’s sidewalk concrete, parking lot, dog park, resident pool, property roofing, the children’s playground and the replacement of the property’s monument sign. Additionally, the project includes the implementation of a new security camera system and significant landscaping improvements and cleanup.  

Several sustainable upgrades have been enacted across the property as part of the program as well, including the implementation of low flow plumbing retrofits across residences and common areas, as well as the installation of the LED lighting across the entirety of the property’s exterior façade.  

Recently, The Life Properties rolled out their “Water Warriors” initiative following the discovery that nearly 65% of toilets at a Houston property were continuously running due to the natural wearing of the flappers previously in place. On average, a leaky toilet can waste nearly 200 gallons of water per day. Quickly mobilizing, the team was able to make the necessary replacements needed in one week. This initiative is ongoing, and the team is aiming to expand implementation across the Texas portfolio and beyond in the years to come.  

The Life Properties provides residents of The Life at Harrison Trails with a variety of rental assistance programs that include Stake (cash back rewards for on-time rental payments), Flex (flexible rent payment options) and LeaseLock (a security deposit alternative) to bolster financial stability and housing security for all residing at the community. Moving assistance is also offered to residents via the platform Moved and The Life at Harrison Trails is a pet friendly community.  

Built in 1973, The Life at Harrison Trails is comprised of a mix of one- and two-bedroom residences that feature a range of in-unit amenities including black energy efficient appliances, granite countertops, contemporary wood-style flooring, brushed nickel finishes, two-tone paint schemes and private balcony and patio spaces. The community is conveniently located near major area roadways, including both I-85 and I-285, and is closely situated to various area shopping, dining, and entertainment offerings.