Full-Cycle Project Net IRR: 23% Equity Multiple: 1.70x
Property Key Features
Number of Units
Villas on Fir is a 290-unit, class-A apartment property built in 2018 and located in the growing and affluent suburb of Granger, IN (South Bend/Mishawaka MSA).
Club Meridian is a 406-unit apartment community built in 1989 and located in Okemos, Michigan, an affluent and growing suburb of Lansing.
Forest Ridge Apartments is a Class B+ apartment community located in Bloomington, Indiana and built in three phases between 2005 and 2008.
Net IRR: 38%
Equity Multiple: 3.44x
Suncrest Apartments is a 140-unit, B-class multifamily property built in 1986 and located on the west side of Indianapolis in close proximity to the Indianapolis Airport sub-market.
Stonybrook Commons is a 122-unit B apartment community located in Indianapolis, IN and built in 1990.
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.