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.
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Sycamore Terrace
Sycamore Terrace is a 250-unit, class-A apartment community built in 2011 and located in Terre Haute, Indiana.
Abbey Court
Full-Cycle Project
Net IRR: 38%
Equity Multiple: 3.44x
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.
