Fountain Parc
Full-Cycle Project Net IRR: 31% Equity Multiple: 2.39x
Property Key Features
Market:
Indianapolis, IN
Number of Units
240
Date Acquired:
01/11/2018
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.
Oakdale Square
Oakdale Square is a 200-unit, Class B apartment community located in Bloomington, IN and built in 1972.
The Reserve
The Reserve is a 158-unit apartment community built in 2008 and located in Evansville, IN.
Abbey Court
Full-Cycle Project
Net IRR: 38%
Equity Multiple: 3.44x
Walnut Manor
Full-Cycle Project
Net IRR: 23%
Equity Multiple: 1.70x
Lexington Green and Villa Capri
Full-Cycle Project
Net IRR: 26%
Equity Multiple: 2.33x
Fountain Parc
Full-Cycle Project
Net IRR: 31%
Equity Multiple: 2.39x
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.