River Club
River Club is a 444-unit, class-B apartment community built in 1981 and located in Evansville, Indiana.
Property Key Features
Market:
Terre Haute, IN
Number of Units
444
Date Acquired:
04/18/2024
River Club is a 444-unit class-B apartment property located in Evansville, IN. The proposed business plan includes rebranding the asset as well as a value-add renovation that targets individual unit interiors, exterior curb appeal, and a refreshed and modernized clubhouse and fitness center. Gray Capital acquired River Club in April of 2024 and is managing the property through Gray Residential.
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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.