Multifamily
Real Estate Investing In Nashville
Creating Exceptional Value
35.14%
IRR*
2.58x
Equity Multiple*
3.4 years
Hold Period*
$184.8m
Total Distributions to Date
*Historical Realized Averages on 12 Exited Assets
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
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
BAM Capital leverages local expertise and long-standing relationships with sellers, brokers, and builders to allow for expert knowledge on assets being purchased.
Current Offering
The BAM Multifamily Growth & Income Fund IV, a private real estate fund, seeks to balance cash flow stability, capital preservation, and long-term capital appreciation while providing superior risk-adjusted returns to investors.
$300 M+
Equity Invested
$1.025 B+
In Transactions
6,000+
Units
27
Properties
Track Record
Uptown Terrace
Rogers, AR
Highlights
- Institutional Quality Asset Built in 2021
- Exceptional Location Anchored by Three Fortune 500 Companies
- Strong Occupancy and In-Place Cash Flow
- Significant Management Upside
- Below Market Rent with First Generation Leases
- Proven Leasing Demand – Limited New Class A Supply
- Best-in-Class Amenities
- Highly Visible and Accessible
32 Union
Noblesville, IN
Highlights
- Institutional Quality Asset Built in 2019
- Outstanding Location in Noblesville, an Affluent Suburb of Indianapolis
- Population Growth of 191% Since 2010 within a One Mile Radius
- Strong In-Place Cash Flow
- Management/Operations Upside
- Economies of Scale with Other Assets Operated by The BAM Companies
- Limited Nearby New Construction
- Best-in-Class Amenities and Unit Interiors/ Finishes
- Exceptional School System
Watermark at Jordan Creek
West Des Moines, IA
Highlights
- Increasing NOI through Management efficiencies
- Economies for scale with 4 other sister assets (1000+ units) in the market within 20 mins
- Rents an average of $250 below competitors
Gateway Crossing Apartments
McCordsville, IN
Highlights
- Increasing net operating income through management efficiencies
- Upgraded amenities package including a new dog park
- Rents $100 below competitors
Metrics
- Total Square Feet: 180,000
Autumn Ridge
Waukee, IA
Highlights
- Built in 2017 & 2019
- Below market rent by as much as $290/month
- Significant management upside
- Strong surrounding demographics
- Strong and consistent in-place cash flow
- A diverse set of floor plans and unit mix
- Comprehensive amenity package featuring two swimming pools
- Located near Wells Fargo’s 160-acre campus and major retail area
The Bristol
Indianapolis, IN
Highlights
- Recapitalized from BAM Multifamily Growth Fund I
- Located near Indianapolis International Airport
- Located near upscale shopping centers
- Dynamic employment in logistics & e-commerce
- Rent 11% below market
- Immediate cost reduction (salaries, management fees, insurance)
Metrics
- Total Square Footage: 213,671
Hamilton Station
Pendleton, IN
Highlights
- Recapitalized from BAM Multifamily Growth Fund I
- Favorable demographics
- High-paying jobs, population increasing
- Desirable school system
- Within 15 mins of 5,000 medical jobs
- $150 increase from rent restriction lift
- $400 increase in ancillary revenue per unit
- Upscale retail areas
- Prior management deemed weak
Metrics
- Total Square Footage: 175,106
Park 88 Apartments
Des Moines, IA
Highlights
- Economies of scale with Asset 3 – The Summit at Heritage
- #1 Best Place to Live in the Midwest for High Salaries and Low Cost of Living
- Rapidly growing commercial, medical, educational, and cultural hub
- Near Des Moines University, Drake University, and Wells Fargo campus
- Revenue growth
- Current rent trails competitors by $150
- Easy access to 4 major highway systems
The Summit at Heritage
Grimes, IA
Highlights
- Largest metropolitan statistical area in IA
- Microsoft Corporation and Apple, Inc investing over $5 Billion, combined, in data centers
- 7.4% population growth next 5 years vs. US avg of 4.69% (Des Moines)
- Key renter demo (18 to 35yrs) is expected to grow 56.2% by 2026 (Grimes)
- #5 on Best Place to Live in the US; 2 years running (Des Moines)
- Rapidly growing commercial, medical, educational, and cultural hub
- Revenue growth: current rent trails competitors by $150 – $225
- Easy access to 4 major highway systems
Metrics
- Total Square Footage:Â 296,237
Canal Flats
Fort Wayne, IN
Highlights
- Economies of scale with Asset 2
- Assuming favorable debt terms
- Can pursue supplemental financing immediately
- Systematic submarket rent growth due to proximity to Asset 2
- Revenue growth: current rent trails competitors by $100 – $150
- Favorable, larger floor plans
- SW submarket achieved rent growth of 7.7% in 2020
- Commercial, medical, educational, and cultural hub of Northeast Indiana
Metrics
- Total Square Footage:Â 212,558
The Ventry
Fort Wayne, IN
Highlights
- Second largest metropolitan statistical area in Indiana
- Newest product in area with substantial revenue growth
- current rent trails competitors by $100 – $150
- SW submarket achieved rent growth of 7.7% in 2020
- Commercial, medical, and cultural hub of Northeast Indiana
- Easy access to six major highway systems
- Major regional education hub with five award-winning higher education institutions such as Purdue University
- Economies of scale with Asset 3 – Canal Flats
Metrics
- Total Square Footage: 161,060
Waterstone at Green River
Highlights
- Operational efficiencies with two sister properties
- Immediate cost reduction in payroll & marketing costs
- High growth corridor
- New Costco in proximity
- Easy access to I-69
Metrics
- Total Square Footage:Â 130,825
Legacy Landing
Des Moines, Iowa MSA
Highlights
The Ivy Town & Flats
West Lafayette, IN
Highlights
- Institutional Quality Asset
- Cash Flow Stability with Upside Potential
- Outstanding Location Near Major Economic Drivers (Adjacent to Purdue Research Park)
- Best in Class Unit and Community Amenities
- Highly Desirable Unit Mix Featuring Conventional Flats and Townhomes
The Reserve
Evansville, IN
Highlights
- Operational efficiencies with sister properties
- Immediate reduction in marketing costs
- High growth corridorÂ
- New Costco in close proximityÂ
- Largest units in Evansville, INÂ
Metrics
- Total Square Footage: 172,085
Uptown Terrace
Rogers, AR
Highlights
- Institutional Quality Asset Built in 2021
- Exceptional Location Anchored by Three Fortune 500 Companies
- Strong Occupancy and In-Place Cash Flow
- Significant Management Upside
- Below Market Rent with First Generation Leases
- Proven Leasing Demand – Limited New Class A Supply
- Best-in-Class Amenities
- Highly Visible and Accessible
32 Union
Noblesville, IN
Highlights
- Institutional Quality Asset Built in 2019
- Outstanding Location in Noblesville, an Affluent Suburb of Indianapolis
- Population Growth of 191% Since 2010 within a One Mile Radius
- Strong In-Place Cash Flow
- Management/Operations Upside
- Economies of Scale with Other Assets Operated by The BAM Companies
- Limited Nearby New Construction
- Best-in-Class Amenities and Unit Interiors/ Finishes
- Exceptional School System
Watermark at Jordan Creek
West Des Moines, IA
Highlights
- Increasing NOI through Management efficiencies
- Economies for scale with 4 other sister assets (1000+ units) in the market within 20 mins
- Rents an average of $250 below competitors
Gateway Crossing Apartments
McCordsville, IN
Highlights
- Increasing net operating income through management efficiencies
- Upgraded amenities package including a new dog park
- Rents $100 below competitors
Metrics
- Total Square Feet: 180,000
Autumn Ridge
Waukee, IA
Highlights
- Built in 2017 & 2019
- Below market rent by as much as $290/month
- Significant management upside
- Strong surrounding demographics
- Strong and consistent in-place cash flow
- A diverse set of floor plans and unit mix
- Comprehensive amenity package featuring two swimming pools
- Located near Wells Fargo’s 160-acre campus and major retail area
The Bristol
Indianapolis, IN
Highlights
- Recapitalized from BAM Multifamily Growth Fund I
- Located near Indianapolis International Airport
- Located near upscale shopping centers
- Dynamic employment in logistics & e-commerce
- Rent 11% below market
- Immediate cost reduction (salaries, management fees, insurance)
Metrics
- Total Square Footage: 213,671
Hamilton Station
Pendleton, IN
Highlights
- Recapitalized from BAM Multifamily Growth Fund I
- Favorable demographics
- High-paying jobs, population increasing
- Desirable school system
- Within 15 mins of 5,000 medical jobs
- $150 increase from rent restriction lift
- $400 increase in ancillary revenue per unit
- Upscale retail areas
- Prior management deemed weak
Metrics
- Total Square Footage: 175,106
Park 88 Apartments
Des Moines, IA
Highlights
- Economies of scale with Asset 3 – The Summit at Heritage
- #1 Best Place to Live in the Midwest for High Salaries and Low Cost of Living
- Rapidly growing commercial, medical, educational, and cultural hub
- Near Des Moines University, Drake University, and Wells Fargo campus
- Revenue growth
- Current rent trails competitors by $150
- Easy access to 4 major highway systems
The Summit at Heritage
Grimes, IA
Highlights
- Largest metropolitan statistical area in IA
- Microsoft Corporation and Apple, Inc investing over $5 Billion, combined, in data centers
- 7.4% population growth next 5 years vs. US avg of 4.69% (Des Moines)
- Key renter demo (18 to 35yrs) is expected to grow 56.2% by 2026 (Grimes)
- #5 on Best Place to Live in the US; 2 years running (Des Moines)
- Rapidly growing commercial, medical, educational, and cultural hub
- Revenue growth: current rent trails competitors by $150 – $225
- Easy access to 4 major highway systems
Metrics
- Total Square Footage:Â 296,237
Canal Flats
Fort Wayne, IN
Highlights
- Economies of scale with Asset 2
- Assuming favorable debt terms
- Can pursue supplemental financing immediately
- Systematic submarket rent growth due to proximity to Asset 2
- Revenue growth: current rent trails competitors by $100 – $150
- Favorable, larger floor plans
- SW submarket achieved rent growth of 7.7% in 2020
- Commercial, medical, educational, and cultural hub of Northeast Indiana
Metrics
- Total Square Footage:Â 212,558
The Ventry
Fort Wayne, IN
Highlights
- Second largest metropolitan statistical area in Indiana
- Newest product in area with substantial revenue growth
- current rent trails competitors by $100 – $150
- SW submarket achieved rent growth of 7.7% in 2020
- Commercial, medical, and cultural hub of Northeast Indiana
- Easy access to six major highway systems
- Major regional education hub with five award-winning higher education institutions such as Purdue University
- Economies of scale with Asset 3 – Canal Flats
Metrics
- Total Square Footage: 161,060
Waterstone at Green River
Highlights
- Operational efficiencies with two sister properties
- Immediate cost reduction in payroll & marketing costs
- High growth corridor
- New Costco in proximity
- Easy access to I-69
Metrics
- Total Square Footage:Â 130,825
Legacy Landing
Des Moines, Iowa MSA
Highlights
The Ivy Town & Flats
West Lafayette, IN
Highlights
- Institutional Quality Asset
- Cash Flow Stability with Upside Potential
- Outstanding Location Near Major Economic Drivers (Adjacent to Purdue Research Park)
- Best in Class Unit and Community Amenities
- Highly Desirable Unit Mix Featuring Conventional Flats and Townhomes
The Reserve
Evansville, IN
Highlights
- Operational efficiencies with sister properties
- Immediate reduction in marketing costs
- High growth corridorÂ
- New Costco in close proximityÂ
- Largest units in Evansville, INÂ
Metrics
- Total Square Footage: 172,085
The Gallery
Carmel, IN
Highlights
- Located on Main Street in the middle of Indianapolis’s most affluent northern suburb of Carmel
- Record population growth since 2000: Westfield (229%), Noblesville (105%), Carmel (45%) and Fishers (135%)
- Current submarket rent comparable properties have average rents $537+ per unit higher than The Gallery
- Ability to reduce management cost by $800 per unit per year through managerial efficiencies
- Extensive value-add to units and amenities (new pool, dog park, grilling area)
- Short term hold (2-3yrs vs 5-7 typical hold)
Metrics
- Total Square Footage: 63,274
Nantucket Cove Apartments
Highlights
- Ideally located in Champaign (250k population), home to the University of Illinois (45k students)
- Strong market employment including IBM, Kraft Heinz, FedEx, Yahoo!, AMD, Caterpillar, John Deere and Dow Chemical
- Resort-style clubhouse and pool, state-of-the-art fitness center, yoga studio, full indoor basketball court, 1500sq ft business center, coffee bar, dog park, sand volleyball court, car care center, sundeck, grilling stations, and tennis court
Metrics
- Total Square Feet: 333,970
Mad River Apartments
Dayton, OH
Highlights
- Upgraded the amenity package with a new poolside fitness center and business center in the old fitness location and bark park.
- Expense reduction through a more hands-on management approach
- Ideally located adjacent to Dayton mall and other bustling employment
- Easy commute to region’s largest employers (I-75, I675, SR 725 and SR 743)
Metrics
- Total Square Feet: 218,002
01/2023
Pebble Brook Village
Noblesville, IN
Highlights
- Immediate management cost reduction per unit of $900
- Highest average income in Indianapolis MSA
- Desirable school system
- Easy commute to over 5,000 medical jobs
- Prior management deemed weak
- Record population growth since 2000: Westfield (229%), Noblesville (105%), Carmel (45%) and Fishers (135%)
Oakdale Square Apartments
Bloomington, IN
Highlights
- 90% value increase in under 3 years
- All initial capital returned after a cash-out refinance (investors still retain their equity shares)
- Renovation resulting in ~$200 in per door rent increases.
- Ancillary revenue is up ~60% (applications fees, pet rent, water/sewer, trash, garage rent, admin fees, etc.)
11/2018
White River Village Apartments
Anderson, IN
Highlights
- 7-year business plan was achieved in 3 years
- Significant management expense reduction
- Replaced roofs, full interior renovation, redesigned sewage system and plumbing
Economics
- Targeted Hold time: 7 yrs
- Realized Hold Time: 3 Yrs
- Targeted IRR: 17%
- Targeted Equity Multiple: 2.09X
- Realized Equity Multiple: 2.55X
12/2019
Fox Brook & Walnut Manor Apartments
Muncie, IN
Highlights
- Shared management teams with sister property within close proximity which resulted in reduced maintenance expenses.
- Light upgrades to units and amenities
Economics
- Targeted Hold Time: 7 yrs
- Hold Time: 3 yrs
- Targeted IRR: 19%
- Realized (Net) IRR: 23%
- Targeted Equity Multiple: 2.8X
- Realized Equity Multiple: 1.8X
10/2020
Lexington Green Villa Capri Apartments
Speedway, IN
Highlights
- 10-year business plan was achieved in year 4; exceeding multiple and IRR return projections.
- Infused $3M into unit and common area upgrades
- Fully renovated 200 Units
- Substantial capital expenditures: roofs, clubhouse pool
Economics
- Targeted Hold Time: 10 yrs
- Hold Time: 4 yrs
- Targeted IRR: 17%
- Realized (Net) IRR: 23%
- Targeted Equity Multiple: 3.3X
- Realized Equity Multiple: 2.33X
11/2021
Woods Edge Apartments
Muncie, IN
Highlights
- Renovated all 112 units in the first two years solely with in-house maintenance team changing to modern grey paint scheme, adding new black appliances, new flooring, new countertops, new nickel hardware
- Major Amenity Upgrades: Replaced several roofs, new playground equipment, redecorated clubhouse, replaced all exterior and common area lighting with LED fixtures, parking lot repairs and seal coat/restripe
- Total rent grew 29.6% during operations
- Average rent grew 19% during operations
Metrics
- Targeted Hold Time: 10 yrs
- Hold Time:7 yrs
- Targeted IRR: 17%
- Realized (Net) IRR: 27.3%
- Realized Equity Multiple: 4.21X
12/2021
Abbey Court Apartments
Evansville, IN
Highlights
- $1.062M in capital expenditures completed organically over the 4 year hold period, ranging from common area painting, washer/dryer hookup installation, balcony repairs, roof replacements, green repairs (done completely in-house), masonry repairs, and HVAC replacement.
- Average lease rent grew 19% over 4 year hold period (avg 4.8% Y-o-Y)
- Total rent income grew 22.6% over 4 year hold period (avg 5.7% Y-o-Y)
- NOI grew 81% final BAM T12 versus previous owner T12 ($796k to $1.44mm)
- Total Operating Expense reduction of $675/unit from the previous owner
Metrics
- Hold Period: 4 years
- Actual IRR: 37% (Target – 19.261%)
- Actual Equity Multiple: 3.2x (Target – 2.79x)
06/2021
Fountain Parc Apartments
Indianapolis, IN
Highlights
- Renovated 200 units
- Major amenity upgrades: new leasing center, renovated fitness center, upgraded playground, new dog park, new bocce ball court
- Average rent growth of 22.9% during operations
- Total rent income grew 21.4% during operations
Metrics
- Targeted Hold Time: 10 yrs
- Hold Time: 3.5 yrs
- Targeted IRR: 33%
- Realized (Net) IRR: 32%
- Targeted Equity Multiple: 2.3X
- Realized Equity Multiple: 2.42X
How It Works
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.
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.
BAM Capital Creates Forced Appreciation
The capital value of each asset is increased by reducing expenses and increasing rents. BAM Capital’s vertical integration model mitigates investor risk.
You Receive Distributions
You reap the benefits of your cash flow-positive assets in addition to BAM Capital’s best-in-class operational oversight and management services.
BAM Capital Geography
1,000 +
Investors
42
States
19
Assets
350+
Multi-Deal Investors
Berkadia 2022
Mid-Year Indianapolis Multifamily Report
Acquisition Strategy
Initial Review
BAM looks for assets built within the past 20 years that come with updated floorplans and amenities allowing for lower maintenance costs
Offer
BAM only purchases deals with in-place cashflow greater than 7% and high appreciation potential
Deal Flow
BAM targets locations with high-quality school systems and population + job growth between 2-4%
Underwriting
BAM finds properties where the current rent is $100-200 lower then local competition, which can be increased with a light value add
Acquisition
BAM leverages deep, local relationships with brokers, sellers, and builders to acquire under market value
What Our Investors Have to Say
I've gotten involved with approximately 10 other sponsors over the last one and a half years. BAM Capital's level of communication and presentation is the most professional.
I've gotten involved with approximately 10 other sponsors over the last one and a half years. BAM Capital's level of communication and presentation is the most professional.
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 .
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.
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 .
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.
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.
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.
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.
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.
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.
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.
As Seen On
Nashville is the capital of the U.S. territory of Tennessee and home to Vanderbilt College. Unbelievable blue grass music scenes incorporate the Excellent Ole Opry House, home of the well known "Terrific Ole Opry" stage and public broadcast. The Blue grass Music Lobby of Distinction and Exhibition hall and notable Ryman Amphitheater are Downtown, similar to the Locale, including honky-tonks with unrecorded music and the Johnny Money Historical center, commending the artist's life.
History
The historical backdrop of Nashville started with the Local Americans of the Mississippian culture who lived nearby from around 1000 to 1500 A.D. They were the relatives of the ancient occupants who previously came to the Tennessee locale over quite a while back. The Mississippians chased, developed corn, constructed tremendous earthen hills and painted amazing stoneware prior to being supplanted by clans like the Cherokee, Chickasaw and Shawnee.
In 1689, French-Canadian voyager Martin Chartier (1655-1718) laid out a general store on the Cumberland Waterway, close to the present-day site of Nashville, where his child Pierre Chartier was brought into the world in 1690. In 1714, a gathering of French merchants under the order of Jean du Charleville (also known as Charles Charleville) laid out a general store at the current area of downtown Nashville which became known as French Lick. These pioneers effectively exchanged fur with Local Americans, yet by the 1740s the settlement had been deserted.
Population
The current metro area population of Nashville in 2022 is 1,294,000, a 1.73% increase from 2021. The metro area population of Nashville in 2021 was 1,272,000, a 1.84% increase from 2020. The metro area population of Nashville in 2020 was 1,249,000, a 2.04% increase from 2019.
Income
- The average income of a Nashville (zip 37209) resident is $25,045 a year. The US average is $28,555 a year.
- The Median household income of a Nashville (zip 37209) resident is $44,829 a year. The US average is $53,482 a year.
Climate
Nashville (zip 37211), Tennessee gets 49 inches of rain, on average, per year. The US average is 38 inches of rain per year.
Nashville (zip 37211) averages 4 inches of snow per year. The US average is 28 inches of snow per year.
On average, there are 208 sunny days per year in Nashville (zip 37211). The US average is 205 sunny days.
Nashville (zip 37211) gets some kind of precipitation, on average, 120 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
Nashville (zip 37209) has an unemployment rate of 4.5%. The US average is 6.0%.
Nashville (zip 37209) 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 48.3%, which is higher than the US average of 33.5%.
Tax Rates for Nashville (zip 37209)
- The Sales Tax Rate for Nashville (zip 37209) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Nashville (zip 37209) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Notable People or Businesses
Dolly Parton
Dolly Parton is perhaps one of the most beloved Tennessee celebrities. While she was born in Sevierville, Tennessee, she spent more than 25 years living in Nashville as her country music career exploded into the national spotlight. Not only did Dolly Parton enjoy an iconic musical career, but she also made a name for herself as an actress. Additionally, she launched the Dollywood theme park near the Smoky Mountains, which has helped grow the economy near her hometown. Dolly Parton is also very philanthropic, and in particular has focused her efforts on promoting literacy for children.
Tim McGrawTim McGraw is a country music star and an actor who was born in Louisiana but has made Nashville his home. He has lived in the city with his wife, fellow celebrity Faith Hill, for nearly two decades. Originally, the couple lived in a charming home on a massive estate, but they sold that property in 2013 in favor of another estate in Nashville that also boasts plenty of land. The couple leads a relatively quiet life, and they enjoy the peace that they have found on their property in the city.
Taylor SwiftTaylor Swift has been a Nashville resident since she was a child, and the city holds a special place in her heart. Taylor Swift launched her incredibly successful music career in the city during her teen years, and she still resides in a Nashville home to this day. While she also owns properties in New York City and Los Angeles, it is said that Taylor Swift prefers to spend as much time as possible in Nashville. Her home in the city is a penthouse suite, and she appreciates that she can conduct a relatively normal life when she is in town.
Billy Ray CyrusBilly Ray Cyrus is yet another country music star who was born outside of Tennessee but quickly decided to make Nashville his home base. Billy Ray Cyrus currently resides in a 3,000-square-foot home in Nashville that has five bedrooms as well as a guest barn where family members and friends can stay. Billy Ray Cyrus is not only famous for his own musical accomplishments, but he also is the famous dad of pop star Miley Cyrus.
Nicole KidmanNicole Kidman is a Hollywood actress who has homes with her husband Keith Urban around the world, but they consider their main property to be their Nashville mansion. Nicole Kidman and Keith Urban purchased the home in 2007, and they have lived in the city ever since. Their home is best described as an idyllic farm house, but it also has the luxurious amenities that one would expect from the home of A-List celebrities. The couple appreciates the fact that they can enjoy the privacy they crave in the middle of one of the most hospitable states in the country.
These are just a few of the most famous people who were born in Nashville or who live in the city now. Many celebrities like Nicki Minaj often visit Nashville to perform - so keep an eye out on local sites for the latest music concerts. In many ways Nashville has become its own version of Hollywood, and has attracted actors, sports stars and musicians alike.
About BAM Multifamily Growth & Income Fund IV
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.