Value-Add Multifamily Low-Crime Submarkets Business-Friendly Focus

We buy institutional-quality multifamily. Fast, rigorous, decisive.

Capital Scope partners with LP's to acquire value-add apartment communities in growth markets. We underwrite deeply, communicate clearly, and close with conviction.

Buying Criteria

We target durable cash flow with clear operational and renovation upside. Heavy structural distress is generally outside mandate.

Asset Type

  • Multifamily — garden, mid-rise, select high-rise
  • Stabilized to light-transitional
  • Clear value-add levers: renos, LTL capture, RUBS, other income

Scale & Quality

  • 50–300+ units; strong bones preferred
  • Low-crime submarkets; neighborhood stability
  • Supportive incomes; resilient demand drivers

Deal Profile

  • Operational improvement & expense right-sizing
  • Other income adds (parking, storage, pets)
  • Predictable tax & insurance regimes

Target Markets

States with growing or stabilizing multifamily, incl. smaller areas within 20–30 miles of major cities:

  • Alabama
  • Arizona
  • Arkansas
  • Florida (south of Orlando)
  • Georgia
  • Idaho
  • Indiana
  • Iowa (DSM area)
  • Kansas
  • Kentucky
  • Louisiana
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma (OKC area)
  • South Carolina
  • South Dakota
  • Tennessee (excluding Memphis)
  • Texas
  • Utah
  • Virginia
  • West Virginia
  • Wisconsin
  • Wyoming

Market Focus

Business-friendly, pro-growth markets with healthy demographics and limited over-building.

Primary States

  • Texas — major metros & premium submarkets
  • Florida (South of Orlando) — Miami-Dade, Broward, Palm Beach, SW FL
  • Tennessee — major metros, low-crime pockets
  • Kentucky — Louisville/Lexington select areas
  • Oklahoma City Metro
  • Iowa — Des Moines & growth corridors
  • Wisconsin — Milwaukee/Madison select submarkets

Submarket Requirements

  • Low crime and neighborhood stability
  • Healthy population & household growth
  • Diverse employment base and income support
  • Pro-landlord policies; predictable taxes/insurance

LP’s — Integrated Buy Box

Core Filters

  • Value-add multifamily with clear upside
  • Premium / low-crime submarkets
  • Target markets focus (see list above)
  • Programmatic pace; consistent pipeline review

Underwriting Always Includes

  • QOZ — tract ID & zone type
  • Crime & Safety — Total / Violent / Property indices
  • Market Context — population & demand snapshot
  • Diligence Focus — key risks & red flags
  • Next Steps — docs and modeling actions

Our Underwriting

Deep, decisive, document-driven. We price each opportunity on its unique, risk-adjusted merits—no pre-published offer %.

Financials

  • T-12 normalization; taxes/insurance reset
  • Stabilized NOI & cap-rate band valuation
  • Debt & DSCR scenarios (agency, bank, bridge)

Business Plan

  • Unit scopes & rent premiums
  • Other income adds; OpEx optimization
  • 5-yr returns: IRR, CoC, Equity Multiple

Risk Controls

  • Crime micro-pockets, code issues, supply pipeline
  • Insurance & tax reassessment; flood & zoning
  • Clear go/no-go criteria and milestones

Submit a Deal

What to Send

  • OM (if available), site plan & photos
  • T-12 & Current Rent Roll (unit mix/SF, concessions)
  • Recent tax bills & insurance declarations
  • Utility summaries (water/sewer/electric/gas), RUBS status
  • Capex ledger (24–36 months) and any active projects

Send It Here

Acquisitions Team — Capital Scope LLC

Contact: Corporate@CapitalScopeLLC.com

We’ll acknowledge receipt and schedule a quick call if the fit is strong.

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