The Crosswinds
The Crosswinds is a 122-unit B Class apartment community located in Indianapolis, IN and built in 1990.
Property Key Features
Market:
Indianapolis, IN
Number of Units
122
Date Acquired:
05/23/2022
The Crosswinds is a 122-unit B apartment community located in Indianapolis, IN and built in 1990.
Crosswinds is strategically located within immediate proximity to 9.5 million square feet of new logistics development set to bring hundreds of new jobs into the sub-market where there is no new supply of apartments in the pipeline. Gray Capital’s strategy for this asset involves harnessing the job growth of the area, improving operational efficiencies, and light value-add improvements to bring rents at or above comparable nearby properties.
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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.
