1409 Buck Drive
Bellevue, NE 68005
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.
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.
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