Modern three-story white residential building with a garage, surrounded by trees and parked cars on the street.

Private Equity Investments in Multifamily Real Estate

Focused on long-term value, stable cash flow, and disciplined growth. 

Building enduring wealth through California multifamily.

Walnut Knolls Capital is a private real estate investment firm acquiring and operating residential and small multifamily properties across California.

We invest in stable, cash-flowing assets with room for operational improvement and long-term appreciation.

Our philosophy is simple: buy well, operate efficiently, and grow value through fundamentals, not speculation.

This disciplined approach delivers durable income and steady equity growth across market cycles.

Our Investment Philosphy

A modern multi-story residential building with geometric design, featuring a mix of white, gray, and yellow exterior walls, balconies with glass railings, and a sunlit backdrop with trees.

Our Strategy

  • A construction safety helmet and a hammer.

    Value Add Properties

    We acquire under-managed assets and unlock value through targeted renovations, operational efficiency, and professional management.

  • Outline graphic of dollar bills with an upward trending arrow indicating financial growth.

    Core-Plus Hold Strategy

    We underwrite conservatively and hold through full market cycles to deliver durable, risk-adjusted returns.

  • Black outline drawing of a handshake, symbolizing agreement or partnership.

    Alignment & Stewardship

    We invest significant personal capital in every deal, ensuring full alignment with our partners and disciplined execution.

Our Performance

Walnut Knolls Capital focuses on stable, income-producing assets that deliver durable returns and long-term appreciation through disciplined operations and conservative leverage.

Our portfolio’s weighted IRR of approximately 10% and total return on equity near 14% position Walnut Knolls Capital among the top-performing core-plus residential operators in California.

Through a mix of long-term and mid-term rental strategies, we generate 4–5% cash-on-cash returns on stabilized assets while maintaining ~55% leverage and an average 2% vacancy rate, emphasizing resilience and downside protection.


Metric

Actuals

Target

Return on Investment

14%

12-15%


Internal Rate of Return

10.3%

10-12%


Cash on Cash Returns

5%

4-6%


Leverage

55%

<60%


Vacancy

2%

<5%


All figures are net of financing and reflect realized and projected performance across actively managed assets.