Meramec Capital Focuses on
single-family and multi-family, including land assets and opportunity zones to generate retirement cash flow and provide tax benefits.
“….focuses on a diversified portfolio that includes Single Family, Multi Family, Opportunity Zones, and land assets across Missouri, North Carolina, Texas, and Illinois….”
Why Real Estate
Cash Flow
After all expenses are paid, quarterly distributions go out to investors.
STABILITY
TAX BENEFITS
LEVERAGE
AMORTIZATION
APPRECIATION
strategic value plays increase the overall value of the property.
Invest with us
Multi-Family Capital Partners educates, partners, and invests alongside our investors, ensuring all decisions are made with their best interest first.
Why Invest with us?
$231 Million
Value
34%
Average Returns
5
States
2,262
Units
Let’s get in touch
Our Acquisition Method
MARKET SEGMENTS
- Age: The 18-35 year old market
segment is 22% of the U.S. population - Income: Renters who earn $40,000 or more annually
- Price: Where rent is 30% or less of the median income
- Retiring Baby Boomers are scaling down and enjoying maintenance free multifamily living
PROPERTY CRITERIA
- Multifamily residential apartments
- Pitched roof construction preferred
- Occupancy above 80% with the exception of properties that require renovation, providing properties are well located and present value-add opportunities
MARKET SEGMENTS
- Size and Price: 50+ units in the $4MM – $50MM range
- Returns: 7-10% Cash on Cash, Minimum Debt Service Coverage ratio of 1.25
- Type: C- to B+ properties located in C- to A areas
- Property Vintage: 1975 or newer
- Location: Emerging market areas with indicators for strong near and long-term economic growth
Acquisition Practices
Multi-Family Capital Partner’s, LLC takes pride in building relationships with local listing brokers to get their “pocket listings” and access to other Bank Owned Properties (REO). Our searches include soliciting owners directly instead of waiting for properties to come to market.
Investment Discipline
Asset selection involves a systematic, routine evaluation to identify favorable demand characteristics, i.e., job and population growth, demographic shifts, supply absorption rates and positive local legislation.
Value-Add Strategy
Think of it as a business rather than a building. The more income it generates, the more it is worth. When we purchase an apartment complex, we are looking for specific opportunities to increase the cashflow in different areas. These are called “Value Plays” or “Value Adding Components”.
Who Is Meramec Capital
Derrick Hibbler
Derrick Hibbler is a seasoned real estate investment professional with over 20 years of experience. He is an expert in identifying and forecasting new hotspots in the real estate market, particularly those in urban development. He has successfully invested in Houston, Miami, Detroit, and Scottsdale, and has a proven track record of delivering great returns for over 10 years many multi-unit investments yielding 10 cap returns or higher.
Currently based in St. Louis, Missouri, he manages a 10 million dollar portfolio of investment units in 3 cities. Derrick is also an expert in Urban Planning and Opportunity Zone investing, making him a go-to resource for investors looking to invest in Opportunity Zones.
Greg Belger Jr.
Greg Belger Jr. is the Founder and President of Belger Financial Group, a Retirement Planning and Financial Services firm. He provides tailored retirement solutions, emphasizing client education to ensure they understand how to manage their financial futures. His expertise in Retirement Strategies, Insurance, and Legacy Planning enables him to address clients’ concerns. Greg’s commitment to ethical business practices is reflected in his membership in the National Ethics Association and Belger Financial Group’s A+ rating with the Better Business Bureau.
He also serves on the boards of several organizations, including the St. Louis Crisis Nursery and the Walker Scottish Rite Clinic, and regularly shares his knowledge on FOX 2’s weekly segment, Money Matters Monday.
What We do
Purchase
We purchase mobile home communities and apartments with a very specific set of criteria. We focus on cash flow for investors – while also maximizing equity growth through forced appreciation.
Manage
We have in-house management – with over 35 years of combined experience – working efficiently to increase income and decrease expenses while providing exceptional affordable housing for tenants. This helps drive Net Operating Income, investor returns, and increases tenant satisfaction.
