River Club

River Club is a 444-unit, class-B apartment community built in 1981 and located in Evansville, Indiana.

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River Club Gray Capital

Property Key Features

Market:

Terre Haute, IN

Number of Units

444

Date Acquired:

04/18/2024

River Club is a 444-unit class-B apartment property located in Evansville, IN. The proposed business plan includes rebranding the asset as well as a value-add renovation that targets individual unit interiors, exterior curb appeal, and a refreshed and modernized clubhouse and fitness center. Gray Capital acquired River Club in April of 2024 and is managing the property through Gray Residential.

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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.