Solana at the Crossing

River Club is a 384-unit class-A apartment property located on the northeast side of Indianapolis, IN.

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Property Key Features

Market:

Indianapolis, IN

Number of Units

384

Date Acquired:

08/30/2024

River Club is a 384-unit class-A apartment property located on the northeast side of Indianapolis, IN. The proposed business plan includes several moderate upgrades and improvements to the property. New kitchen plumbing hardware and lights, new smart home technology in 100% of all units, private fenced in yards for select units, further activation of the White River waterfront, as well as a new exterior paint scheme and the installation of EV chargers will further increase appeal for the property. Gray Capital acquired River Club in August 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.