Abbey Court
Full-Cycle Project Net IRR: 38% Equity Multiple: 3.44x
Property Key Features
Market:
Evansville, IN
Number of Units
250
Date Acquired:
08/31/2017
Abbey Court is a 250-unit apartment community built in 1976 and located in Evansville, IN. A full-cycle project with an exit date of December 7, 2021, Gray Capital achieved a 38% net IRR and 3.44x net equity multiple during a 4-year investment period. A light value-add business plan was part of the execution of this project.
Oakdale Square
Oakdale Square is a 200-unit, Class B apartment community located in Bloomington, IN and built in 1972.
Solana at the Crossing
Solana at the Crossing is a 384-unit class-A apartment property located on the northeast side of Indianapolis, IN.
Mad River
Mad River is a 302-unit apartment community built in 1983 and located in Dayton, OH.
River Club
River Club is a 444-unit, class-B apartment community built in 1981 and located in Evansville, Indiana.
Aberdeen
Aberdeen apartments is a modern 354-unit property built in 2002 and located in Camby, Indiana.
Pinnacle on Meridian
A 36-unit luxury apartment community located at 86th & Meridian on Indianapolis’ north side.
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.