Overview

444-Unit River Club Apartments Gray Capital is pleased to announce the acquisition of Regency Club Apartments, a 444-unit class B apartment community located in Evansville, IN. The property was built in two stages in the 1980s with additional townhomes built in 2006. Gray Capital's strategy with the property involves an immediate rebrand as River Club Apartments, with over $3M in exterior improvements and interior renovations to enhance the property and create an exceptional, elevated living experience that will continue to attract residents. Additionally, River Club will be managed by Gray Capital's property management company, Gray Residential, with an experienced team ready to execute Gray Capital's strategy for the asset on day one.