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.

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Club Meridian Property

Property Key Features

Market:

Okemos, MI

Number of Units

406

Date Acquired:

Club Meridian is a 406-unit apartment community built in 1989 and located in Okemos, Michigan, an affluent and growing suburb of Lansing.

The property’s high finish level and high level of maintenance has allowed it to compete with much newer properties, and part of Gray Capital’s strategy with the property involves a medium-level value-add renovation that has been proven to drive stronger rent growth for the property when fully implemented.

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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.

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Abbey Court

Full-Cycle Project
Net IRR: 38%
Equity Multiple: 3.44x

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.