Sycamore Terrace
Sycamore Terrace is a 250-unit, class-A apartment community built in 2011 and located in Terre Haute, Indiana.

Property Key Features
Market:
Terre Haute, IN
Number of Units
250
Date Acquired:
12/06/2022
Sycamore Terrace is a best-in-class multifamily asset in affluent and suburban Terre Haute, Indiana. The proposed business plan includes a light-value add renovation and targets exterior curb appeal as well as a refreshed and modernized clubhouse and fitness center. Gray Capital acquired Sycamore Terrace in early December of 2022 and has made significant operational improvements since bringing the property under the management of Gray Residential.
Oakdale Square
Oakdale Square is a 200-unit, Class B apartment community located in Bloomington, IN and built in 1972.
Autumn Trails
Full-Cycle Project
Net IRR: 22%
Equity Multiple: 1.75x
The Crosswinds
The Crosswinds is a 122-unit B Class apartment community located in Indianapolis, IN and built in 1990.
Greenfield Crossing
Greenfield Crossing is a 272-unit apartment community located in Greenfield, IN and built in 1997.
Fountain Parc
Full-Cycle Project
Net IRR: 31%
Equity Multiple: 2.39x
Pinnacle on Meridian
A 36-unit luxury apartment community located at 86th & Meridian on Indianapolis’ north side.
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.