Autumn Trails
Full-Cycle Project Net IRR: 22% Equity Multiple: 1.75x
Property Key Features
Market:
Indianpolis, IN
Number of Units
165
Date Acquired:
09/02/2020
Autumn Trails is a 165-unit apartment property built in 1987 and located in Indianapolis, IN.
Gray Capital’s strategy with Autumn Trails includes a targeted value-add renovation program to extend the useful life of the asset and to bring rents closer to market as well as introducing operational efficiencies and minor exterior improvements that will increase the quality of life of residents as well as the value of the property itself.
Autumn Trails
Full-Cycle Project
Net IRR: 22%
Equity Multiple: 1.75x
Pebble Brook
Pebble Brook Village is a 236-unit apartment property built in 2000 and located in Noblesville, IN.
Waterstone
Waterstone is a 130-unit apartment property located in Evansville, IN and built in 2016.
Carmel Woods
Full-Cycle Project
Net IRR: 33%
Equity Multiple: 2.54x
Lexington Green and Villa Capri
Full-Cycle Project
Net IRR: 26%
Equity Multiple: 2.33x
Solana at the Crossing
Solana at the Crossing is a 384-unit class-A apartment property located on the northeast side of Indianapolis, IN.
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.
