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.
Fountain Parc
Full-Cycle Project
Net IRR: 31%
Equity Multiple: 2.39x
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Equity Multiple: 1.70x
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Net IRR: 22%
Equity Multiple: 1.75x
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.