Bellevue Hills Bellevue, NE

Access CA / Doc Center

Bellevue Hills

Address

11829 Amerado Boulevard
Bellevue, NE 68123

Summary

  • Units: 264
  • Year Built: 1974
  • Year Renovated: 2019

Investment Highlights

  • Market Penetration & Scalability 
  • Diverse Unit Mix & Opportunity to Add In-Unit Washer & Dryer
  • Stable Occupancy & Proven Rent Growth 
  • Resilient Omaha Market
  • Significant Upside with Renewals & Optimized Operations 
  • Offered Free & Clear of Existing Debt 

Market Penetration & Scalability

This offering presents a unique opportunity to acquire 264 units in conjunction with the neighboring Brent Village, creating a 444-unit portfolio in the desirable Omaha MSA. This combination allows investors to gain immediate market penetration and achieve greater operational efficiencies.

Diverse Unit Mix & Opportunity to Add In-Unit Washer & Dryer

The property features a variety of floor plans catering to a broad range of resident preferences and needs. Additionally, many of the floor plates provide an easy solution for adding washing and dryer hookups, furthering Bellevue Hills’ appeal to prospective residents.

Stable Occupancy & Proven Rent Growth

The property boasts a strong occupancy record, with a vacancy loss of just 6.06%, and the potential to increase rents by an average of $180 per month above the current average, proven by the maximum achieved rents. The property’s solid occupancy history, coupled with the potential for rent increases, underscores its attractiveness as an investment. The remaining 43 Classic Units offer a clear opportunity for rent premiumization through modern upgrades.

Virtual Tour

Location Map

Amenities

Tenant Services

Unit Amenities

  • Garbage Disposal
  • Dishwasher
  • Ceiling Fan
  • Central Air Conditioning /Heating
  • LVP Flooring
  • Vaulted Ceilings*
  • Walk-In Closets
  • Private Patios & Decks

*Select Units Only

Community Amenities

  • Resort-Style Pool with Sundeck
  • Bark Park 
  • Laundry Rooms in Each Building
  • Business Center with WiFi
  • Private Detached Garages
  • Picnic Areas
  • 24/7 Package Lockers
  • Grilling Stations 
  • 24/7 Fitness Center
  • Clubhouse with Fireplace
  • On-Site Management
  • 24/7 Emergency Maintenance

Brent Village

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

Brent Village

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.

David Carrig

Senior Director
MMG REA
402.218.5888 david.carrig@mmgrea.com

John Carrig

Senior Advisor
MMG REA
402.499.5999 john.carrig@mmgrea.com

Parker Guffey

Associate
MMG REA
816.718.5248 parker.guffey@mmgrea.com

Kyle Winston

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

Alex Blagojevich

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

Michael Sullivan

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

In Association With

BARON - Commercial Real Estate

Nebraska Broker #20190573

501 S. 16th St, Omaha, NE 68154

baroncre.com

Get In Touch

Address

MMG Real Estate Advisors

601 Westport Road

Kansas City, MO 64111