DME is focused on apartment complexes with in-place cash flow and potential upside.
Revenu sufficient to support onsite management. Larger complexes benefit from economies of scale.
Priced below replacement cost, focused on margin of safety and capital preservation.
Apartments have become increasingly attractive investments in recent years due to growing demand in renters for amenity packages and low maintenance.
Landlord friendly states, strong school districts, robust population growth,
strong employment rates, sustainable median income, home value appreciation,
logical buy-to-rent metrics, and upward trends in rents. Emphasis on safe
neighborhoods, crucial for attracting and retaining quality tenants.
Core+/Value-Add Risk Profile: in-place cash flow
with some room for improvement.
Properties that show clear opportunities for value creation, such as units in
need of modern upgrades, properties lacking in-demand amenities, or inefficiently
managed properties.
Avoid functionally obsolescent properties.