- Attractive Market Penetration & Immediate Scalability
- Well Positioned in Resilient Omaha Rental Market
- Enhanced Value through Operational Optimization
- Prime Suburban Omaha Location – Rated A by Niche
- $200+ Per Unit (Monthly) in Value-Add Upside with Interior Upgrades
- Strategically Located Asset Proximate to Omaha’s Major Demand Drivers
- Offered Free and Clear of Existing Debt
Attractive Market Penetration & Immediate Scalability
Brent Village can be purchased in conjunction with Bellevue Hills, which together presents a formidable 444-unit portfolio within the Omaha Metropolitan Statistical Area (MSA). This strategic move not only allows for a significant entry or expansion into the Omaha market, but also allows for operational synergies & efficiencies across both properties.
Well Positioned in Resilient Omaha Rental Market
Brent Village is positioned in a suburb of Omaha, NE, with a resilient rental market that is projected to see a 4.4% rent increase in 2024, with an impressive 95.5% average occupancy rate, showcasing strong demand in a supply-constrained market. With a competitive 2.3% unemployment rate and proximity to diversified employment sectors, including Offutt Air Force Base and Bellevue University, the property attracts a broad tenant demographic, ensuring sustained demand.
Enhanced Value through Operational Optimization
The property boasts considerable potential for value creation and revenue growth through targeted operational optimizations. Strategic initiatives such as improving occupancy rates, reducing loss-to-lease, reducing controllable expenses and tapping into additional income opportunities are poised to significantly boost the property’s performance. Brent Village offers a strong foundation in a great location with very strong fundamentals, offering new ownership a tremendous amount of runway.
