Our Acquisition Criteria
At Hanaro Capital, our investment approach is rooted in data, discipline, and a commitment to long-term growth. We focus on acquiring multifamily properties that align with our proven acquisition criteria, allowing us to generate strong cash flow and force appreciation through strategic value-add initiatives.
Market Selection
We analyze key market indicators—such as population growth, employment trends, average income, and rent-to-income ratios—to identify markets with long-term upside and minimal volatility. Our goal is to invest in areas with strong fundamentals and resilient tenant demand.
Property Criteria
We target stabilized properties with 80%+ occupancy, unless the asset presents clear renovation potential. We prioritize properties where we can add value through operational efficiencies, capital improvements, and rent optimization—all of which increase net operating income and overall asset value.
Target Asset Profile
We specialize in Class C to B+ multifamily assets built after 1980, ideally target 40+ units. These properties are typically valued between $4-30 million, allowing us to scale effectively while maintaining a personal, hands-on management approach.
Return Objectives
Our strategy is designed to deliver strong and consistent performance for our investors. We underwrite for 9–10%+ cash-on-cash returns, with significant upside potential through appreciation and equity growth over a 3–7 year hold period.
Value-Add Strategy
At Hanaro Capital, we target underperforming properties with untapped potential. By addressing issues like poor management, high vacancies, or outdated units, we implement strategic upgrades that increase rental income and property value. From interior renovations to improved operations, every enhancement is designed to boost returns and build lasting equity.
We don’t just invest — we transform.
Our Acquisition Process
At Hanaro Capital, protecting investor capital is our top priority. We focus on acquiring and improving properties in strong, emerging markets with high potential for long-term growth and stability.
Step1Â Â Â
Offering Memorandum
We share detailed investment information, including risks and projections.
Step 2
Investor Commitment
Investors review and commit funds with clear timelines.
Step 3Â
Fund Transfer
Once documents are complete, funds are securely wired.
Step 4
Property Closing
We finalize the purchase and take ownership.
Step 5
Ongoing Updates
Investors receive regular performance updates and quarterly distributions.