Lexington Green and Villa Capri

Full-Cycle Project Net IRR: 26% Equity Multiple: 2.33x

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Lexington Green and Villa Capri

Property Key Features

Market:

Speedway, IN

Number of Units

237

Date Acquired:

09/28/2016

Lexington Green/Villa Capri is a 237-unit apartment property located in Speedway, IN and built in 1964. A full-cycle project with an exit date of October 31, 2020, Gray Capital achieved a net IRR of 26% and a net equity multiple of 2.33x during its four-year investment period.

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