Sycamore Terrace
Sycamore Terrace is a 250-unit, class-A apartment community built in 2011 and located in Terre Haute, Indiana.
Property Key Features
Market:
Terre Haute, IN
Number of Units
250
Date Acquired:
12/06/2022
Sycamore Terrace is a best-in-class multifamily asset in affluent and suburban Terre Haute, Indiana. The proposed business plan includes a light-value add renovation and targets exterior curb appeal as well as a refreshed and modernized clubhouse and fitness center. Gray Capital acquired Sycamore Terrace in early December of 2022 and has made significant operational improvements since bringing the property under the management of Gray Residential.
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.
Oakdale Square
Oakdale Square is a 200-unit, Class B apartment community located in Bloomington, IN and built in 1972.
Abbey Court
Full-Cycle Project
Net IRR: 38%
Equity Multiple: 3.44x
Echo Park
Echo Park is a 154-unit, class-A apartment property built in 2016 and located in Bloomington, Indiana, home to Indiana University.
Solana at the Crossing
Solana at the Crossing is a 384-unit class-A apartment property located on the northeast side of Indianapolis, IN.
Pebble Brook
Pebble Brook Village is a 236-unit apartment property built in 2000 and located in Noblesville, IN.
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.