Echo Park
Echo Park is a 154-unit, class-A apartment property built in 2016 and located in Bloomington, Indiana, home to Indiana University.
Property Key Features
Market:
Bloomington, IN
Number of Units
152
Date Acquired:
02/23/2023
Echo Park is a 154-unit, class-A apartment property built in 2016 and located in Bloomington, Indiana, home to Indiana University.
Gray Capital’s strategy with the property involves a core-plus strategy to improve onsite management and reduce expenses. Its beautiful, wooded surroundings and attractive amenities bring consistent demand from both student renters and non-student professionals in the area.
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Lexington Green and Villa Capri
Full-Cycle Project
Net IRR: 26%
Equity Multiple: 2.33x
Park 88
Built in 2017, Park 88 is a
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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.