Pinnacle on Meridian
A 36-unit luxury apartment community located at 86th & Meridian on Indianapolis' north side.
Property Key Features
Market:
Indianapolis, IN
Number of Units
36
Date Acquired:
11/01/2020
Pinnacle on Meridian is 36-unit luxury apartment community located at the intersection of 86th and Meridian on Indianapolis’s north side.
Built in 2005, Pinnacle was originally constructed as a condominium complex with high-end, luxury finishes and amenities. In addition to converting the condos to market-rate apartments, Gray Capital’s strategy with the property also includes the buildout of five empty white box units to further increase the revenue for the asset.
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