Case study

Triangle Apartments

Omaha, NE

Triangle Apartments was built in 2017, and features a mix of one, two, and three-bedroom apartment homes totaling 137 units. $8M of the raised equity for Triangle Apartments was from a 1031 Exchange transaction. 

The property boasts stainless steel appliances, a 24-hour fitness center, resort style courtyard, a dog park, and more. The property includes 5,000 square feet of commercial space and currently houses Bubbly Tart, a bakery and coffee shop.

Upon acquisition, Metonic transformed 5,000 SF of empty commercial space into three new luxury flats, providing more options for residents and additional revenue for our investors.