Multifamily
Real Estate Investing

In Evansville

Midwest Asset Focus

Midwest Focus

BAM Capital prioritizes B++, A-, and A multifamily assets with in-place cash flow and proven upside potential. This mitigates risk and allows the fund to target consistent monthly cash flow.
Vertical Integration

Vertical Integration

BAM Capital provides unmatched expertise via vertical integration and transparency. BAM Capital handles all steps of the investment life-cycle, from purchasing to remodeling to management, yielding a higher return for investors.
Local Experts

Local Experts

BAM Capital leverages local expertise and long-standing relationships with sellers, brokers, and builders to allow for expert knowledge on assets being purchased.
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Track Record

Fund Category Filters

BERKADIA 2021

Indianapolis Multifamily Report

How It Works

Step 1

BAM Capital Finds Opportunities

From start to finish, BAM Capital handles the process of finding high-quality real estate opportunities and negotiates the purchasing and financing on your behalf.
Step 2

You Invest as a Limited Partner

BAM Capital's focus on B, B+, B++, and A multifamily assets with upside potential offers investors a low-risk opportunity with lucrative assets.
Step 3

BAM Capital Creates Forced Appreciation

The capital value of each asset is increased by reducing expenses and increasing rents. BAM's vertical integration model mitigates investor risk.
Step 4

You Receive Distributions

You reap the benefits of your cash flow-positive assets in addition to BAM's best-in-class operational oversight and management services.

The above link will take you to the free Investor Portal to view all current offerings. If you do not have an account already, please create one to view the information.

BAM Capital Geography

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MULTI-DEAL INVESTORS

Acquisition Strategy

Slide Acquisition Strategy Funnel DEAL FLOW BAM targets locations with
high-quality school systems
and population + job growth between 2-4%
UNDERWRITING horizontal points line INITIAL REVIEW horizontal points line BAM finds properties where the current rent is $100-200 lower than local competition, which can be increased with a light value add horizontal points line horizontal points line BAM only purchases deals with in-place cashflow greater than 7% and high appreciation potential horizontal points line BAM leverages deep, local relationships with brokers, sellers, and builders to acquire under market value OFFER ACQUISITION BAM looks for assets built within
the past 20 years that come with updated floor plans and amenities allowing for lower maintenance costs

What Our Investors Have to Say

Mr. Wang
Mr. Wang Private Equity Consultant

I have many years experience as a financial Executive in Private Equity owned companies and am very impressed with the sharp, diligent, and methodical manner in which Ivan and his team run their businesses and work with their limited partners. I have invested in several projects and have been very satisfied with the results thus far.

Mrs. Barros
Mrs. Barros Real Estate

My husband and I were looking for a profitable passive investment that would allow us peace of mind. We were impressed with BAM’s low-risk business model and the professionalism of their team. We chose to invest in the BAM Fund as a way to diversify our investment over multiple assets and have been pleased with the returns and timely reporting.

Dr. Harb
Dr. Harb Chiropractor

I have had the pleasure to work with BAM Capital on multiple occasions and capacities and couldn’t be happier! Exceptional customer service, supportive staff, and most importantly, the management team is there for you. I can't speak highly enough of BAM, the staff, and their care for their partners

Mohsen M.
Mohsen M. Telecommunications

I have been very happy with Ivan and his team of professionals. I have experience with five other real estate companies in a similar investor role. In this type of limited partner relationship, timely reporting and transparency are key to instill confidence. BAM has met or exceeded my expectations. I plan to continue to invest with this team for the foreseeable future.

Valerie & Jenni
Valerie & Jenni Real Estate

Sometimes investing seems cold and impersonal. However, for us, investing with BAM feels like a warm, high-touch, professional experience. Their team is dedicated to financial success for all, and we appreciate the attention to detail, and care for their community.


    Awards

    Investing In Multifamily Syndication in Evansville

    Evansville

    Evansville is a city on the Ohio River in Indiana. Angel Mounds State Historic Site was home to prehistoric Native Americans, and has 12 earthen mounds, a museum and trails. Mesker Park Zoo and Botanic Garden houses jaguars and tropical plants. Evansville Museum of Arts, History and Science displays thousands of objects and has a planetarium. The Koch Family Children’s Museum has play-based interactive exhibits

    History

    The history of Evansville, Indiana spans hundreds of years, with thousands of years of human habitation. The area’s geography and location on a bend in the Ohio River attracted people from the earliest times. The city was founded in 1812 and was named by its founder, Hugh McGary, after Col. Robert M. Evans. Because of its position on the river and surrounding natural resources, Evansville grew to become a commercial, industrial and financial hub for the tri-state area.

    Population

    Evansville is a city located in Vanderburgh County Indiana. It is also the county seat of Vanderburgh County. With a 2020 population of 117,817, it is the 3rd largest city in Indiana (after Indianapolis and Fort Wayne) and the 250th largest city in the United States . Evansville is currently declining at a rate of -0.07% annually but its population has increased by 0.33% since the most recent census, which recorded a population of 117,429 in 2010. Evansville reached it’s highest population of 141,543 in 1960. Spanning over 48 miles, Evansville has a population density of 2,490 people per square mile.

    The average household income in Evansville is $54,957 with a poverty rate of 21.81%. The median rental costs in recent years comes to $774 per month, and the median house value is $94,200. The median age in Evansville is 37.6 years, 36.1 years for males, and 39.1 years for females.

    Income

    Evansville has an unemployment rate of 5.5%. The US average is 6.0%.

    Evansville has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.

    Tax Rates for Evansville

    – The Sales Tax Rate for Evansville is 7.0%. The US average is 7.3%.

    – The Income Tax Rate for Evansville is 4.2%. The US average is 4.6%.

    – Tax Rates can have a big impact when Comparing Cost of Living.

    Income and Salaries for Evansville

    – The average income of a Evansville resident is $20,951 a year. The US average is $28,555 a year.

    – The Median household income of a Evansville resident is $35,996 a year. The US average is $53,482 a year.

    Climate

    Evansville, Indiana gets 46 inches of rain, on average, per year. The US average is 38 inches of rain per year.

    Evansville averages 10 inches of snow per year. The US average is 28 inches of snow per year.

    On average, there are 204 sunny days per year in Evansville. The US average is 205 sunny days.

    Evansville gets some kind of precipitation, on average, 113 days per year. Precipitation is rain, snow, sleet, or hail that falls to the ground. In order for precipitation to be counted you have to get at least .01 inches on the ground to measure.

    Economy

    Evansville is the regional center for a large trade area in Indiana, Kentucky, and Illinois. The largest industry sectors in size in Evansville are healthcare, finance, education, and manufacturing. Other major industries by employment are energy, warehousing and distribution, and retail.

    Corporate headquarters in Evansville include Accuride, Ameriqual Group, Anchor Industries, Atlas Van Lines, Berry Global, Evana Tool & Engineering, Karges Furniture, Koch Enterprises, Lewis Bakeries, Metronet, Old National Bank, Red Spot Paint & Varnish, Shoe Carnival, OneMain Financial, and Traylor Brothers. Major manufacturing operations near the city include Alcoa in Newburgh, AK Steel in Rockport, SABIC in Mount Vernon, and Toyota in Princeton. Other major employers with workforces of 500 or more in the area include AT&T, Bristol-Myers Squibb, SRG Global, Industrial Contractors, Mead Johnson, Peabody Energy, PGW Pittsburgh Glass, T.J. Maxx, and Bally’s Evansville.

    Notable People or Businesses

    Top 10 Largest Employers in Vanderburgh County

    – Evansville, Indiana –

    Business

    Industry

    Employees

    About / Interesting Facts

    Deaconess Health System (HQ)

    Health Care

    6,500

    Serves 28 counties in three states

    Evansville-Vanderburgh School Corporation (EVSC)

    K-12 Education

    3,450

    Third largest school corporation in Indiana

    St. Vincent Healthcare Evansville

    Health Care

    3,150

    Part of Ascension Health, one of the leading non-profit health systems in the country

    Berry Global (HQ)

    Manufacturing

    2,600

    The largest plastics processor in North America. Started as an injection molding plant in 1967 and is now a global, publicly traded (BERY) company

    University of Southern Indiana

    Higher Education

    2,650

    Sits on a 1,400-acre campus that serves 10,734 students

    Koch Enterprises (HQ)

    Manufacturing, Distribution, Information Technology

    2,100

    Started as a small tin shop in 1873 that grew into 7 diverse companies

    TJ Maxx Distribution Center

    Warehousing, Distribution

    1,600

    Ships and stores merchandise for the $10 billion Fortune 100 company

    SKANSKA

    Engineering, Construction

    1,550

    Regional office for one of the largest construction companies in the U.S.

    OneMain Financial (HQ)

    Financial Services

    1,250

    One of the largest consumer financing companies with 1,600 branches in 44 states

    Vectren, A CenterPoint Energy Company

    Utilities

    1,000

    Provides gas and electric to over 1 million customers in Indiana and Ohio

     

     Greater Evansville Major Employers

    Business

    Industry

    Employees

    About / Interesting Facts

    Toyota Motor Manufacturing Indiana – Princeton

    Automotive

    7,296

    Assembles 400,000+ vehicles each year, including the Sequoia and Highlander/Highlander Hybrid SUVs, and  minivan: the Sienna

    Alcoa Warrick Operations – Newburgh

    Mining & Metals

    1,575

    One of the world’s largest producer of aluminum sheet for the food and beverage industry

    SABIC Innovative Plastics – Mt. Vernon

    Chemicals/Plastics

    1,200

    The largest fully integrated polycarbonate facility in the world, sitting on a 1,000+-acres. SABIC’s largest site-based R&D Facility and Innovation Hub.

    Old National Bank (HQ) – Evansville

    Banking

    920

    The largest financial services holding company headquartered in Indiana. Their footprint includes Indiana, Kentucky, Michigan, Minnesota and Wisconsin with nearly 200 retail branches.

    About BAM Multifamily Growth & Income Fund II

    BAM Capital created this fund in order to yield consistent and reliable cash flow, long-term appreciation, and accelerated tax benefits. The fund aligns with BAM Capital’s demonstrated track record of successful multifamily investing by continuing to implement our signature investment thesis, now in fund format. The fund aims for greater overall returns and lower risk through a multi-asset diversification strategy.

    • Consistent passive income
      Lower-risk assets with in-place cash flows with the ability to distribute preferred return after acquisition.
    • Significant tax benefits
      A cost segregation analysis allows for accelerated deprecation to years of ownership. This large passive loss gets passed onto investors through a K1.
    • Vertically integrated company
      In-house property management and construction allow for predictable cost reduction and value add.

    The above link will take you to the free Investor Portal to view all current offerings. If you do not have an account already, please create one to view the information.

    The contents on this site are for informational and entertainment purposes only and do not constitute financial, investment, or legal advice. BAM Capital cannot guarantee that the information shared on this post or page is appropriate for you and your financial situation. By using this site, you agree to hold BAM Capital and any and all entities related to the writing & publishing including BAM Capital’s parent company harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Always consult your investment advisor, CPA, and other professionals before making an investment. BAM Capital is excited to help you grow your investment assets. Please contact us to see how we can help you.