Sycamore Terrace

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

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Untitled design - 2023-12-04T212831.805

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.