Abbey Court
Full-Cycle Project Net IRR: 38% Equity Multiple: 3.44x
Property Key Features
Market:
Evansville, IN
Number of Units
250
Date Acquired:
08/31/2017
Abbey Court is a 250-unit apartment community built in 1976 and located in Evansville, IN. A full-cycle project with an exit date of December 7, 2021, Gray Capital achieved a 38% net IRR and 3.44x net equity multiple during a 4-year investment period. A light value-add business plan was part of the execution of this project.
Oakdale Square
Oakdale Square is a 200-unit, Class B apartment community located in Bloomington, IN and built in 1972.
Gateway Crossing
Gateway Crossing is a 156-unit apartment property built in 2005 and located in a suburb east of Indianapolis, IN.
Pinnacle on Meridian
A 36-unit luxury apartment community located at 86th & Meridian on Indianapolis’ north side.
Fountain Parc
Full-Cycle Project
Net IRR: 31%
Equity Multiple: 2.39x
Carmel Woods
Full-Cycle Project
Net IRR: 33%
Equity Multiple: 2.54x
Suncrest
Suncrest Apartments is a 140-unit, B-class multifamily property built in 1986 and located on the west side of Indianapolis in close proximity to the Indianapolis Airport sub-market.
INVEST WITH US
Gray capital invests alongside our partners, joining sophisticated family offices and individual investors looking to take advantage of the unique benefits of multifamily real estate.
