MIDWEST MULTIFAMILY FUND

AXE Fund II

AXE Fund II is a Midwest multifamily fund that buys cash-flowing apartment communities and holds them for 10+ years. The fund targets 50+ unit properties, with flexibility for strong 20+ unit deals, in Iowa, South Dakota, and Minnesota, focused on towns of 5,000 to 25,000 people where housing is tight and demand keeps growing.

We specialize in value-add. Our in-house teams remodel units, lease them up, and manage every property ourselves. Investors benefit from cash flow, principal paydown, appreciation, and depreciation, with AXIS acting as your managing partner. Because we are your partners, your interests are our interests.

Investment Highlights

Returns are not guaranteed.

Investment Overview


Target Average Annual Return

14–18%


Target Internal Rate of Return

14–18%


Target Cash-on-Cash Return

7–9%


A suburban apartment complex with beige siding, multiple windows, and balconies, under a clear blue sky with leafless trees and a grassy lawn in the foreground.
Front of a residential house with a concrete walkway leading to the front door, brick exterior, and lawn in the foreground.

Interested in investing or learning more?