Cody O’Neal built his career on job sites: scoping roofs, pricing mechanical work, managing crews, and keeping budgets. C Mack Capital brings that practical understanding to value-add apartments.
The multifamily track record is being built now. The construction experience is already there. Investors can examine the property, renovation scope, financing, assumptions, and risks before deciding.
Meet Cody and the firm →
Built on Experience. Driven by Discipline. Earned Through Trust.
The investment thesis begins with the building itself. Each decision connects the renovation scope to a conservative operating plan.
Roofs, plumbing, electrical systems, unit turns, and deferred maintenance determine the work. We target operating properties rather than rescue projects.
Labor, materials, schedules, and actual construction costs inform the renovation budget. The business plan has to fit what the property needs.
We favor fixed-rate debt, limited leverage, and healthy debt-service coverage. The plan must leave room for execution risk.
One property, one entity. Investors evaluate the specific rent roll, debt, scope, assumptions, and risks before committing.
Our detailed acquisition strategy starts in Dallas–Fort Worth: Class C/C+ garden-style or low-rise communities, 50–150 units, built between 1980 and 2001.
We focus on places we understand and can reach in person to evaluate the construction scope and oversee execution.
Austin is also on our market list. Our investment discipline remains the same: understand the physical work, test the financing, and evaluate the actual asset. Our current, detailed acquisition criteria are centered on Dallas–Fort Worth.
Understand the role of a limited partner, the risks of an illiquid investment, and the questions to ask before reviewing a property.
C Mack Capital is early in its multifamily journey. That makes clear information and a specific, reviewable business plan essential.
Construction is the founder’s practical background. The firm applies that experience to identifying renovation risk and pricing the work.
Investors see the asset, financials, renovation plan, debt, assumptions, and risks. A conversation is an opportunity to examine the approach, with no obligation to invest.