Westgate on Third
BAM Capital is pleased to present the opportunity to invest in a single asset, ground-up development project delivering a premier, 330 unit, Class A, multifamily community to Bloomington, Indiana– Westgate on Third.
BAM Capital presents this offering via a joint venture with one of the most prolific developers in the Midwest – DOMO Development.
DOMO Development has an impressive track record of building quality class “A” assets in highly desirable locations. DOMO Development develops projects in areas with quality school districts that are near quality employment, retail, and recreation. DOMO Development’s projects perfectly fit BAM Capital’s core investment strategy.
The delivery of this project will bring an unrivaled asset with premium floor plans, condominium-style finishes, and a best-in-class amenity package in a submarket with much more demand than supply. Westgate on Third fills an unserved rental market for luxury apartments in Bloomington, Indiana.
The principals of both BAM Capital and DOMO Development will personally guarantee the project and will have a 50/50 joint partnership. BAM Capital will maintain control of all major decisions as it relates to Westgate on 3rd.