We mean that literally and figuratively.
If you’ve ever looked at your retirement portfolio and thought, “This could use a little more insulation from Wall Street mood swings,” then multifamily real estate might just be your financial comfort blanket.
The Upside: Predictable, Scalable, Tax-Friendly
Let’s start with the good news — which, in real estate, is often found in the cash flow.
- Cash Flow: Monthly rent checks don’t pause for market volatility. Multifamily properties (especially workforce housing) produce steady income, which we distribute to our limited partners. It’s like dividends, but with less drama.
- Appreciation: Properties tend to rise in value over time, especially when they’re well-managed and in growing markets like North Carolina. Unlike your uncle’s stock tips, this trend has actual fundamentals behind it.
- Tax Savings: Through depreciation and cost segregation, you may owe less in taxes than you’d expect. We’re not saying the IRS is your investment partner — but depreciation sure acts like one.
- Diversification: Multifamily investing adds a real, tangible asset to your portfolio — one that doesn’t take a nosedive every time tech stocks catch a cold.
- Economies of Scale: Ten single-family homes mean ten roofs, ten water heaters, and ten headaches. One 40-unit building? One roof. One insurance policy. One property manager. Less chaos, more efficiency.
- Vacancy Hedge: A vacancy in a single-family home is 100% vacancy. In a 40-unit building, it’s a rounding error. That’s why multifamily is built for durability.
The Reality Check: It’s Not All Passive… for Us
While the returns can be strong, multifamily properties do come with some effort — just not yours. Here’s what we handle so you don’t have to:
- Property Management: People live in these units. People occasionally flush golf balls down toilets. We deal with that.
- Upkeep and CapEx: Appliances fail. Roofs age. Tenants move. Our job is to stay ahead of it, keep expenses predictable, and make smart upgrades that improve asset value.
- Market Shifts: Interest rates change. Insurance gets more expensive. But workforce housing — basic, affordable apartments for working families — tends to weather these storms better than luxury condos or speculative builds.
The Bottom Line
Multifamily real estate is not a get-rich-quick scheme — it’s a build-wealth-steady strategy. For investors looking to generate income, preserve capital, and sleep at night without checking the S&P 500 at 2 a.m., this is a compelling choice.
At NC Capital Group, we invest alongside you, manage the operations, and keep the focus on properties that make both economic and human sense.
Because nothing says “financial security” like a fully rented apartment complex and a tenant who always pays early because she likes the landscaping.
Win Coleman, CCIM, is a graduate of East Carolina University where he received his bachelor’s degree in finance. He holds both North Carolina and South Carolina Real Estate Licenses and was awarded the prestigious CCIM (Certified Commercial Investment Member) designation in 2008.
Win served on the board of directors of The Triangle Apartment Association (TAA) where he co-chaired The Independent Rental Owner’s Council (IROC). He is a member of the International Council of Shopping Centers (ICSC), the Triangle Commercial Association of Realtors (TCAR) and the Raleigh Kiwanis Club.
While a specialist in site identification, evaluation and acquisition for investors and businesses, he also has extensive experience in brokerage, leasing, property management and investment sales.
Win assists in managing The Coleman Group, LLC, which owns a portfolio of investment properties, and he is a member of our acquisitions committee. He has lifelong experience and love for historic properties including the one he restored and where he resides in Historic Oakwood in Downtown Raleigh.