Brent Village Bellevue, NE

Investment Highlights

• Market Penetration & Scalability 
• Resilient Omaha Rental Market 
• Enhanced Value through Operational Optimization 
• Substantial Value-Add Potential of $184/Unit with Strategic Renovations 
• Diverse Unit Mix Ensuring Financial Stability 
• Offered Free & Clear of Existing Debt 

Market Penetration & Scalability

The acquisition opportunity for Brent Village, alongside Bellevue Hills, presents a formidable 444-unit portfolio within the Omaha Metropolitan Statistical Area (MSA). This strategic move not only allows for significant entry or expansion but also allow for operational synergies across both properties.

Resilient Omaha 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

Brent Village is offered free and clear of existing debt. This allows the The property boasts considerable potential for value addition and revenue growth through targeted operational optimizations. With a specific focus on reducing the above-average vacancy and reducing the $172,314 bad debt outlined in the trailing 12-month financials, there is considerable opportunity to elevate net rental income.

Tenant Services