ROYAL ACCORD
PROPERTIES
Our Mission
Create value through disciplined acquisition, efficient renovation, and responsible resale of residential real estate. We prioritize the Greater Indianapolis market by delivering quality housing, transparent communication, and effective property management—guided by a people-first approach. Our core principle is unwavering: People come first, profits come second.
Why Indianapolis?
Indianapolis offers strong fundamentals for long-term real estate investing—steady population growth, diverse employment, affordable housing, and consistent rental demand. Compared to larger coastal markets, Indy provides attractive entry prices, solid cash flow, and resilience through market cycles, making it an ideal city for sustainable, people-first investment.
Transportation
Indianapolis offers excellent connectivity with major interstates (I-65, I-69, I-70, I-74) and a highly ranked international airport (IND), supporting commerce and mobility.
Density & Livability
A balanced mix of urban neighborhoods and suburban communities creates stable demand across renter and owner-occupied markets.
Parks & Amenities
The city features an extensive parks and trail system, including White River State Park, Eagle Creek Park, and the Cultural Trail, enhancing quality of life.
Healthcare & Education
Anchored by major employers such as IU Health, Ascension, and Eli Lilly, Indianapolis benefits from strong healthcare and life sciences sectors.
Economic Growth
Ongoing investment in logistics, life sciences, manufacturing, and tech continues to drive job creation and population stability.
Affordability
Compared to national markets, Indianapolis offers accessible housing prices with attractive rent-to-price ratios.
Revitalization
Downtown redevelopment, neighborhood infill, and infrastructure investment continue to strengthen long-term market fundamentals.
Why Royal Accord Properties?
EXPERIENCED TEAM
Our team brings over 43 years of real estate investment experience, with a collective track record exceeding 1,000 completed renovation projects across multiple markets.
DISCIPLINED PROCESS
Every project follows a structured approach—from conservative underwriting and scope definition to renovation oversight and multiple exit strategies.
TRANSPARENT & PROFESSIONAL
We work closely with lenders, sellers, and partners, prioritizing clear communication, realistic timelines, and risk-aware decision-making.
Meet the Team
Our team brings together experience in real estate investment, operations, and property management. We take a hands-on, people-first approach to ensure every property is managed with care, accountability, and long-term value in mind.
Principal
Ray Phung
Ray is a real estate investor with over 10 years of experience acquiring and operating investment properties across multiple strategies, including BRRRRs, long-term rentals (LTRs), short-term rentals (STRs), and mid-term rentals (MTRs). With a background in engineering and consulting, Ray applies a structured, data-driven approach to property acquisition, renovation oversight, and asset management to ensure disciplined decision-making at every stage.
He emphasizes clarity, accountability, and process-driven execution, combining market analysis with hands-on operational management. Ray is known for building scalable systems that support consistent performance, mitigate risk, and create long-term value while maintaining a people-first approach for both investors and residents.
Principal
William Penney
William is a real estate investor and operations leader with over a decade of experience managing construction sites, contractors, and complex projects. As Director of Operations, he oversees renovation execution, contractor coordination, timelines, and budgets to ensure projects are delivered efficiently and to standard.
With over 15 years of experience as a Field Superintendent in the oil and gas industry, William brings a disciplined, safety-focused, and results-driven approach to operations. Since 2019, he has been actively involved in acquiring and managing investment properties, playing a hands-on role in renovation oversight, maintenance planning, and asset performance. William is known for keeping projects on schedule, on budget, and executed with accountability.
Consultant and Strategist
Van Sturgeon
Van is a seasoned real estate professional with over 30 years of experience in real estate entrepreneurship, building contracting, and multifamily and commercial property acquisition, renovation, and management. As the company’s consultant and strategist, Van works closely with the team to guide deal sourcing, underwriting, renovation planning, and closing execution, ensuring opportunities are evaluated with discipline and clarity.
He brings a strong operational focus to maximizing returns through well-defined scopes of work, high-impact renovations, and systems that drive accountability and efficiency. With extensive experience in multifamily syndication, Van is recognized for identifying high-quality investments, mitigating risk, and scaling real estate operations through repeatable, process-driven execution.
FEATURE DEALS
E 18th St, Indianapolis, IN 46218
E Sutton St, Indianapolis, IN 46218
Wallace Ave, Indianapolis, IN 46218
Purchase Price:
Renovation:
Sold Price:
Completion Timeline:
Total Profit:
$55,000
$68,000
$195,000
6 months
$72,000
Purchase Price:
Renovation:
Sold Price:
Completion Timeline:
Total Profit:
$85,000
$37,000
$165,000
5 months
$43,000
Purchase Price:
Renovation:
Sold Price:
Completion Timeline:
Total Profit:
$105,000
$35,000
$181,000
3 months
$41,000
Harlan St, Indianapolis, IN 46203
W 22nd St, Indianapolis, IN 46202
S Kealing Ave, Indianapolis, IN 46237
Purchase Price:
Renovation:
Sold Price:
Completion Timeline:
Total Profit:
$88,000
$45,000
$170,000
3 months
$37,000
Purchase Price:
Renovation:
Sold Price:
Completion Timeline:
Total Profit:
$53,000
$52,000
$196,000
4 months
$91,000
Purchase Price:
Renovation:
Sold Price:
Completion Timeline:
Total Profit:
$73,000
$60,000
$185,000
6 months
$52,000
GET IN TOUCH
OUR OFFICE
Royal Accord Properties
Operations Across Multiple U.S. Markets
TO SPEAK WITH OUR TEAM,
PLEASE CALL OR EMAIL US:
Email: ray@royalaccordproperties.com
Tel: 346-355-1161
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