Multifamily
Real Estate Investing

In Muncie

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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EQUITY INVESTED

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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 Muncie

    Muncie

    Muncie is an incorporated city and the seat of Delaware County, Indiana. It is located in East Central Indiana, about 50 miles northeast of Indianapolis. The United States Census for 2010 reported the city’s population was 70,085.

    History

    The city of Muncie was incorporated in 1865. Contrary to popular legend, the city is not named after a mythological Chief Munsee; it was actually named after Munsee Town, the white settlers’ name for the Indian village on the site, “Munsee” meaning a member of the Lenape people or one of their languages.

     

    Population

    Muncie is a city located in Delaware County Indiana. It is also the county seat of Delaware County. With a 2020 population of 67,767, it is the 11th largest city in Indiana and the 553rd largest city in the United States . Muncie is currently declining at a rate of -0.17% annually and its population has decreased by -3.31% since the most recent census, which recorded a population of 70,085 in 2010. Muncie reached it’s highest population of 77,216 in 1980. Spanning over 28 miles, Muncie has a population density of 2,473 people per square mile.

    The average household income in Muncie is $47,966 with a poverty rate of 30.99%. The median rental costs in recent years comes to $722 per month, and the median house value is $73,500. The median age in Muncie is 28.6 years, 27.8 years for males, and 29.4 years for females.

    Income

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

    Muncie has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.

    Tax Rates for Muncie

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

    – The Income Tax Rate for Muncie is 4.3%. The US average is 4.6%.

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

    Income and Salaries for Muncie

    – The average income of a Muncie resident is $16,986 a year. The US average is $28,555 a year.

    – The Median household income of a Muncie resident is $30,570 a year. The US average is $53,482 a year.

    Climate

    Muncie, Indiana gets 40 inches of rain, on average, per year. The US average is 38 inches of rain per year.

    Muncie averages 22 inches of snow per year. The US average is 28 inches of snow per year.

    On average, there are 185 sunny days per year in Muncie. The US average is 205 sunny days.

    Muncie gets some kind of precipitation, on average, 127 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

    From its early days as a regional trading center for the surrounding agricultural community to its first wave of industrial development brought on by the Indiana gas boom in the mid-1880s, Muncie has retained its ties to an industrial economy, and to a lesser extent its agricultural roots. In addition, the arrival of the forerunner to Ball State in the early twentieth century contributed to Muncie’s development as an educational center, while Ball Memorial Hospital, established in 1929, led to the city’s reputation as a healthcare center for east-central Indiana.

    Muncie’s major industrial development included glass manufacturing, iron and steel mills, and automobile manufacturing and auto parts factories. Among its early major employers was the Ball Corporation, established by the Ball brothers of Buffalo, New York, who opened a glass factory in Muncie in 1888. Other notable manufacturers in addition to the Ball Corporation with operations in Muncie have included BorgWarner, The Broderick Company (aformer division of Harsco), Dayton-Walther Corporation, Delco Remy, General Motors, New Venture Gear, Hemingray Glass Company, Ontario Corporation, A. E. Boyce Company, Indiana Steel and Wire, and Westinghouse Electric.

    Notable People or Businesses

    Major Employers

    Employees

    Company

    Principal Officer

    Industry

    City

    Telephone


    3,379

     

    Ball State University

    Geoffrey Mearns

    Education

    Muncie

    765-289-1241

    2,613

    IU Health Ball Memorial and Physician Practices Team Members

    Dr. Jeff Bird

    Medical Services

    Muncie

    765-747-3111

    650

    Muncie Community Schools

    Dr. Lee Ann Kwiatkowski

    Education

    Muncie

    765-747-5211

    633

    Navient

    Dan Vipperman

    Customer Service Center

    Muncie

    765-283-3500

    555

    Concentrix

    Sharon Bergen

    Customer Service Center

    Daleville

     

    551

    First Merchants Corporation

    Scott McKee

    Financial Services

    Muncie

    765-747-1500


    550

     

    Meridian Health Services

    Hank Milius

    Behavior Health

    Muncie

    765-254-5103

    516

    Youth Opportunity Center

    Rick Rowray

    Youth Services

    Muncie

    765-289-5437

    500

    Progress Rail

    Jim Shirvinski

    Rail and Transit Products

    Muncie

    765-741-5030

    465

    City of Muncie

    Mayor Dan Ridenour

    Government

    Muncie

    765-747-4846

    571


    MPT Muncie/Magna Powertrain

     

    Stephen Brand

    Manufacturing

    Muncie

    765-587-1301

    452

    Delaware County Government Offices

    James King

    Government

    Muncie

    765-747-7730


    392

     

    Delaware Community Schools

    Reece Mann

    Education

    Muncie

    765-284-5074


    362

     

    Lifetouch

    Lori Boyer

    Customer Service Center

    Muncie

    765-216-3224

    765-289-4900


    350

     

    Hillcroft Services

    Debbie Bennett

    Social Services

    Muncie

    765-284-4166


    349

     

    Yorktown Community Schools

    Dr. Gregory Hinshaw

    Education

    Yorktown

    765-759-2720


    323

     

    Wal-Mart North

    Beth Pea

    Retail

    Muncie

    765-284-7181


    234

     

    Ivy Tech Community College

    Jeff Scott

    Education

    Muncie

    765-289-2291


    300

     

    Mursix Corporation

    Todd Murray

    Manufacturing

    Yorktown

    765-282-2281


    295

     

    DIY Group, Inc.

    Denny Durham

    Packaging and Distribution

    Muncie

    765-284-9000


    274

     

    Wal-Mart South

    Vic Warner

    Retail

    Muncie

    765-282-7467

    273

    Ontario Systems

    Tim O’Brien

    Software

    Muncie

    765-751-725


    250

     

    Maxon – A Honeywell Company

    Diane LeDoux

    Manufacturing

    Muncie

    765-284-3304


    247

     

    Westminster Village

    Dale Lindley

    Assisted Living

    Muncie

    765-288-2155

    235

    Terhunes, Inc./McDonald’s

    Robert Terhune, Jr.

    Restaurants

    Muncie

    765-284-8708


    220

     

    MutualBank

    Dave Heeter

    Financial Services

    Muncie

    765-747-2800


    212

     

    American Health Network, LLC

    Sandy Dilts

    Healthcare

    Muncie

    765-281-3443

    765-286-8888


    182

     

    Meijer

    Craig Hunter

    Retail

    Muncie

    765-281-7800


    181

     

    Exide Technologies

    Kevin Carpenter

    Manufacturing

    Muncie

    765-747-9980


    175

     

    Keihin IPT Manufacturing

    Kimberly West

    Manufacturing

    Muncie

    765-213-4915

    167

    R&L Carriers

    Human Resources

    Freight Shipping

    Alexandria

    765-258-4160

    160

    American Electric Power

    Ashley Savieo

    Utility

    Muncie

    800-311-4634


    150

     

    Mid-West Metal Products, Inc.

    Steve Smith

    Manufacturing

    Muncie

    765-289-3355


    143

     

    Muncie Sanitary District

    Bill Smith

    Government

    Muncie

    765-747-4863


    125

     

    Muncie Power Products

    Ray Chambers

    Truck Equipment and Mobile Power

    Muncie

    765-284-7721


    125

     

    Liberty-Perry Schools

    Bryan Rausch

    Education

    Selma

    765-282-5615


    124

     

    Wes-Del Community Schools

    Kyle Mealy

    Education

    Gaston

    765-358-4006


    85

     

    Spartech

    Don Heaslip

    Manufacturing

    Muncie

    765-281-5100


    80

     

    Jarden Home Brands

    Dave Tolbert

    Packaging and Distribution

    Muncie

    765-557-3000

    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.