Lexington Green and Villa Capri
Full-Cycle Project Net IRR: 26% Equity Multiple: 2.33x
Property Key Features
Market:
Speedway, IN
Number of Units
237
Date Acquired:
09/28/2016
Lexington Green/Villa Capri is a 237-unit apartment property located in Speedway, IN and built in 1964. A full-cycle project with an exit date of October 31, 2020, Gray Capital achieved a net IRR of 26% and a net equity multiple of 2.33x during its four-year investment period.
River Club
River Club is a 444-unit, class-B apartment community built in 1981 and located in Evansville, Indiana.
Greenfield Crossing
Greenfield Crossing is a 272-unit apartment community located in Greenfield, IN and built in 1997.
Gateway Crossing
Gateway Crossing is a 156-unit apartment property built in 2005 and located in a suburb east of Indianapolis, IN.
Lexington Green and Villa Capri
Full-Cycle Project
Net IRR: 26%
Equity Multiple: 2.33x
Forest Ridge
Forest Ridge Apartments is a Class B+ apartment community located in Bloomington, Indiana and built in three phases between 2005 and 2008.
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.