
Execution Plan

We focus on well-positioned multifamily properties that meet the following parameters:
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Property Type: Class B and select Class C multifamily assets
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Asset Size: 50–150 units
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$5M-$15M
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Vintage: Built between the 1980s and early 2000s
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Leverage: Loan-to-Value (LTV) of 65%–70%
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Debt Coverage: Minimum Debt Service Coverage Ratio (DSCR) of 1.25x
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Target Returns:
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Internal Rate of Return (IRR): 10%–20%
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Capitalization Rate: 6%+
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Cash-on-Cash Return: 9%+
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Cash Flow: Properties that are cash-flowing at acquisition
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Operations: Proven rent rolls and stable operating history
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Hold Period: Typically 3–7 years, depending on the specific investment
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Target Markets: Kansas City and Omaha metropolitan areas, with a focus on resilient Midwest markets
Our Current Investment Criteria
Currently, our focus is on two key Midwest markets:
Kansas City, MO, and Omaha, NE.
Why Kansas City Aligns With Our Investment Strategy
Investing in multifamily properties in the Kansas City metro area offers a compelling opportunity for real estate investors. Here are the top 10 reasons why:
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1. Strong Population Growth
Kansas City experienced its largest population increase in five years, adding nearly 25,000 new residents in 2025. This influx of people drives demand for rental housing, supporting a healthy multifamily market. GREA - Global Real Estate Advisors
2. Robust Rent Growth
Rents in Kansas City have been rising steadily, with a 3.8% year-over-year increase in 2025. This upward trend indicates a strong rental market, enhancing the potential for income growth in multifamily investments. GREA - Global Real Estate Advisors
3. High Occupancy Rates
The metro area boasts high occupancy rates, with Class A properties at 94% and Class B properties averaging 90%. This stability suggests a consistent demand for rental units, reducing investment risk. Northmarq
4. Attractive Cap Rates
Kansas City's capitalization rates are favorable compared to national averages, offering investors competitive returns on their multifamily investments. Marcus & Millichap
5. Diverse Tenant Base
The metro area hosts a mix of residents, including students, healthcare professionals, and young professionals, ensuring a broad and stable tenant pool for multifamily properties. Marcus & Millichap
6. Economic Diversification
Kansas City's economy is diversified across sectors such as healthcare, education, technology, and manufacturing, providing economic stability and resilience, which supports the rental market. Marcus & Millichap
7. Favorable Regulatory Environment
The city offers a landlord-friendly regulatory environment, with policies that support property rights and facilitate property management, making it easier for investors to operate multifamily properties. kcvppropertymanagement.com
8. Growing Institutional Interest
Institutional investors are increasingly entering the Kansas City multifamily market, indicating confidence in the area's long-term investment potential. GREA - Global Real Estate Advisors
9. Affordable Entry Points
Compared to coastal markets, Kansas City offers more affordable property prices, allowing investors to acquire multifamily properties with lower capital requirements. Marcus & Millichap
10. Development and Infrastructure Growth
Significant infrastructure projects, such as the $10 billion data hub development, are underway, which are expected to boost the local economy and increase demand for housing, benefiting multifamily investors. axios.com
In summary, Kansas City's multifamily market presents a promising opportunity for investors, characterized by strong demand, favorable economic conditions, and supportive policies. These factors collectively contribute to a favorable investment climate in the metro area.


Why Omaha Aligns With Our Investment Strategy
1. Steady Rent Growth
Omaha’s multifamily market has shown consistent annual rent increases, meaning income potential for landlords is rising over time.
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Recent data shows average asking rents in Omaha have risen year‑over‑year — about 4+% higher than a year ago even with modest quarterly fluctuations.
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Historical figures show rent growth of over 25% in the past five years, indicating long‑term upward trends.
Why it matters: Steady rent growth supports cash flow and can help investors cover expenses and debt service.
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2. Strong Occupancy & Absorption
High occupancy and positive absorption are key fundamentals for multifamily investment.
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Occupancy rates in recent reports were around 95%, which is healthy and suggests strong rental demand.
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Net absorption (rental demand exceeding new units) has remained elevated, e.g., 1,200+ units over recent periods, indicating ongoing demand.
Why it matters: High occupancy means less rental income loss from vacancies, and positive absorption shows demand keeping up with—or exceeding—new supply.
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3. Population & Job Growth Driving Demand
Omaha’s population growth and employment gains draw new residents who need housing.
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The region saw one of its strongest population growth rates since pre‑pandemic, with significant net in‑migration driven by job opportunities, affordable living, and quality of life.
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Local employment growth and low unemployment sustain renter demand.
Why it matters: More people and jobs typically translate into sustained demand for quality rental units.
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4. Affordability & Relative Value Compared to Other Markets
Omaha’s real estate prices and rents make for attractive investment math compared to larger markets.
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Omaha is often cited as one of the more affordable multifamily markets in the country, with rents rising but still below many coastal markets.
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Investors routinely find cap rates and pricing that support favorable cash‑flow profiles — especially compared with expensive coastal cities.
Why it matters: Lower entry prices with solid rental demand can improve cash‑on‑cash returns and lower risk for investors.
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5. Resilient Market Fundamentals Even Amid New Supply
Despite an active new construction pipeline, fundamentals remain balanced.
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Vacancy rates have fluctuated but stayed below or around 8–9%, even with thousands of new units delivered or under construction.
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Strong net absorption suggests new supply is being leased up, indicating demand keeping pace.
Why it matters: Balanced vacancy and delivery rates reduce the risk of prolonged downward pressure on rent or rent concessions.
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Summary – Top Investment Drivers in Omaha
ReasonWhat It Means for Investors
Rent GrowthRising rental income potential
High OccupancyStable cash flow & fewer vacancies
Job & Population GrowthLong‑term demand support
AffordabilityBetter entry prices, stronger yields
Resilience Amid New SupplyMarket can absorb growth
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Sources You Can Reference
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CBRE Omaha Multifamily Figures — Q3 & Q4 2025 – Rent, vacancy, and construction data.
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MMG Real Estate Omaha Market Reports – Occupancy, absorption, rent growth trends.
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REBusinessOnline Omaha Demographics & Growth – Population and employment drivers.
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Cushman & Wakefield MarketBeat – Local employment and rent fundamentals.
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Local broker insights (Lee & Associates) – Cap rates and investor sentiment.