Brent Village Bellevue, NE

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Brent Village

Address

1409 Buck Drive
Bellevue, NE 68005

Summary

  • Units: 180
  • Built: 1971

Investment Highlights

  • 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. 

Virtual Tour

Location Map

Amenities

Tenant Services

Unit Amenities

  • Dishwasher
  • Large Closets
  • Patio/Balcony
  • Vinyl Flooring
  • High-Speed Internet 
  • Central Heating & Air Conditioning

Community Amenities

  • Sparkling Pool with Sun Deck
  • 24/7 Fitness Center
  • 24/7 Laundry Facility
  • Playground
  • 24-HR Emergency Maintenance
  • Professional On-Site Management
  • Private Detached Garages
  • Bark Park
  • Outdoor Grills & Pavilion
  • *Future Pickleball Court Opportunity*

Bellevue Hills

Offered in conjunction with Bellevue Hills in Bellevue, Nebraska. For more details please visit:

Bellevue Hills

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively. 

MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.

Harry Trotter

Harry Trotter

Senior Advisor
MMG REA
913.426.3617 harry.trotter@mmgrea.com
Matt Ledom

Matt Ledom

Senior Managing Director
MMG REA
BK3594533
913.620.6502 matt.ledom@mmgrea.com
Parker Guffey

Parker Guffey

Associate
MMG REA
816.718.5248 parker.guffey@mmgrea.com
Brett Meinzer

Brett Meinzer

Managing Director
MMG REA
816.516.8515 brett.meinzer@mmgrea.com
Kyle Winston

Kyle Winston

Senior Advisor
MMG REA
913.375.8254 kyle.winston@mmgrea.com
Alex Blagojevich

Alex Blagojevich

Executive Managing Director/Founding Partner
MMG REA
773.899.0391 alex.blagojevich@mmgrea.com
Michael Sullivan

Michael Sullivan

Executive Managing Director/Founding Partner
MMG REA
913.484.7923 michael.sullivan@mmgrea.com
Dan Goaley

Dan Goaley

Broker
Lee & Associates
402.690.0400 dgoaley@lee-associates.com

In Association With

Dan Goaley Lee & Associates

Nebraska Broker License #20227035