Zeal Property Advisors, LLC is pleased to announce the exclusive offering of California Apartments (“The Property”), a 45-unit apartment community located in Lawrence, Kansas. The Property is well located within Lawrence just off HW 59 and within 10 blocks of the University of Kansas. California Apartments offers an attractive unit mix including townhome units with full size garages.
The Property is offered as a fee simple sale and offers prospective investors the opportunity to acquire a well occupied asset with the ability to increase rents significantly in the first year of ownership. Prospective investors have the opportunity to further enhance rents through the light remodel of units. California Apartments is offered free and clear of existing debt with attractive bridge and perm financing options available.