Fountain Parc

Full-Cycle Project Net IRR: 31% Equity Multiple: 2.39x

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Fountain Parc

Property Key Features


Indianapolis, IN

Number of Units


Date Acquired:


Fountain Parc is a 240-unit apartment community built in 1965 and located in Indianapolis, IN. A full cycle project with an exit date of September 29, 2021, Gray Capital achieved a net IRR of 31% and an equity multiple of 2.39x during a three-and-a-half year investment period.

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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.