Finding Opportunity
in Any Environment
Creating Exceptional Value
Historic Realized Averages
35.14%
IRR*
2.58x
Equity Multiple*
3.4 years
Hold Period*
$184.8m
Total Distributions to Date
*Across 12 Exited Assets
Current Portfolio
Rent Growth
5.5%
Year over Year
Q2 Occupancy
91.3%
Q2 Occupancy
Q2 Collections
99%
Q2 Collections
Loan to Value
61.4%
Loan to Value
Debt Coverage
1.41
Debt Coverage
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 multifamily syndication assets being purchased.
Current Offerings
Our focus is on fostering tax-advantaged, long-term capital growth through both joint-venture opportunities and highly curated, institutional-quality housing funds. We balance cash flow consistency, capital preservation, and mid to long-term capital appreciation while providing the most superior risk-adjusted returns available in the private markets.
$400 M+
Equity Invested
$1.33 B+
In Transactions
8,500+
Units
33
Properties
Track Record
Altitude 970
Kansas City, MO
Highlights
- Institutional Quality Asset Built with Best-in-Class Amenities
- Exceptional Location in Kansas City, MO
- Significant Economies of Scale – Up to $800 Savings in Controllable Expenses per Unit Annually
- Ability to Maximize Ancillary Income by over $1,000 per Unit Annually
- In-Place Rents are 7.7% Below the Best Market Comp
- Near Up-and-Coming Economic Drivers
- Submarket Exceeded 25% Total Rent Growth in Last Five Years
- Park Hill School District Ranks in Top 10% of All School Districts in Nation
Ascent 430
Wexford, PA
Highlights
- Institutional Quality Asset Built with Best-in-Class Amenities
- Exceptional Location in Wexford, PA
- Significant Economies of Scale – Up to $1,400 Savings in Operating Costs per Unit Annually
- Ability to Maximize Ancillary Income by over $800 per Unit Annually
- In-Place Rents are 8.56% Below the Best Market Comps
- Wallet Share of only 16.64% in Wexford, PA
- Nationally-Ranked Education – North Allegheny School District is 27th Best in the US
- Easy Accessibility to Major Economic Drivers
Nese Apartments
Whitestown, IN
Highlights
- Institutional Quality Asset Developed in 2022
- Outstanding Location in Whitestown, the Fastest Growing Suburb in Indiana
- Population Growth of 255% Since 2010
- Strong In-Place Cash Flow
- Management/Operations Upside
- Economies of Scale with Other Assets Operated by The BAM Companies
- Best-in-Class Amenities and Unit Interiors/ Finishes
- Exceptional School System
The Flats at Fishers Marketplace
Fishers, IN
Highlights
- Institutional Quality Asset Built in 2015
- Exceptional Location in Fishers, IN
- Significant Economies of Scale – Up to $1,000 Savings in Operating Costs
- Easy Accessibility to Major Economic Drivers and Upscale Retail
- Outstanding Demographics with Explosive Population Growth
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
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: 130,825
Legacy Landing
Des Moines, Iowa MSA
Highlights
- Class “A” community developed in 2015
- The 120-unit community is in the MSA of Des Moines, IA
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 corridor
- New Costco in close proximity
- Largest units in Evansville, IN
Metrics
- Total Square Footage: 172,085
Greenfield Crossing
Greenfield, IN
Highlights
- Indiana’s 3rd fastest growing county
- Ability to increase rents
- Rent comparables 5% higher for lesser quality
- 3 million sq. ft. of e-commerce space
(Walmart, Amazon, FedEx) - Previous owner used 3rd party management
- High occupancy
Metrics
- Total Square Footage: 270,000
Aberdeen Apartments
Indianapolis, IN
Highlights
- Located near 2nd largest FedEx Superhub
- Easy interstate access
- Located near upscale shopping and Indianapolis International Airport
- Economies of scale with sister property (Bristol)
- Immediate management cost reduction per unit of $1,900
- Current rents $200 per unit below competitors
- Apartment interiors recently upgraded without rent increases applied
- Dynamic employment in logistics & e-commerce
Metrics
- Total Square Footage: 343,338
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.
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BAM Capital Geography
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1,400 +
Investor households
47
States
500+
Multi-Deal Investors
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