Park 88

Built in 2017, Park 88 is a
160-unit core-plus acquisition
in growing suburban Des Moines.

Home » Properties » Park 88
Park 88

Property Key Features

Market:

Des Moines, IA

Number of Units

160

Date Acquired:

03/01/2022

Built in 2017, Park 88 is a 160-unit core-plus acquisition in growing suburban Des Moines.

Suncrest

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.

Waterstone

Waterstone is a 130-unit apartment property located in Evansville, IN and built in 2016.

River Club

River Club is a 444-unit, class-B apartment community built in 1981 and located in Evansville, Indiana.

Abbey Court

Full-Cycle Project
Net IRR: 38%
Equity Multiple: 3.44x

Greenfield Crossing

Greenfield Crossing is a 272-unit apartment community located in Greenfield, IN and built in 1997.

Mad River

Mad River is a 302-unit apartment community built in 1983 and located in Dayton, OH.

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.