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.
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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.
