Pinnacle on Meridian
A 36-unit luxury apartment community located at 86th & Meridian on Indianapolis' north side.
Property Key Features
Market:
Indianapolis, IN
Number of Units
36
Date Acquired:
11/01/2020
Pinnacle on Meridian is 36-unit luxury apartment community located at the intersection of 86th and Meridian on Indianapolis’s north side.
Built in 2005, Pinnacle was originally constructed as a condominium complex with high-end, luxury finishes and amenities. In addition to converting the condos to market-rate apartments, Gray Capital’s strategy with the property also includes the buildout of five empty white box units to further increase the revenue for the asset.
Villas on Fir
Villas on Fir is a 290-unit, class-A apartment property built in 2018 and located in the growing and affluent suburb of Granger, IN (South Bend/Mishawaka MSA).
Solana at the Crossing
Solana at the Crossing is a 384-unit class-A apartment property located on the northeast side of Indianapolis, IN.
Echo Park
Echo Park is a 154-unit, class-A apartment property built in 2016 and located in Bloomington, Indiana, home to Indiana University.
Club Meridian
Club Meridian is a 406-unit apartment community built in 1989 and located in Okemos, Michigan, an affluent and growing suburb of Lansing.
Forest Ridge
Forest Ridge Apartments is a Class B+ apartment community located in Bloomington, Indiana and built in three phases between 2005 and 2008.
River Club
River Club is a 444-unit, class-B apartment community built in 1981 and located in Evansville, Indiana.
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.
