Zeal Property Advisors, LLC is pleased to present the exclusive offering of Red Hawk Apartments (“The Property”), a 64-unit apartment community located in Lawrence, Kansas. The Property is located just southeast of the Iowa Street and Clinton Parkway intersection and just 5 minutes south of the University of Kansas. The Property was built in 1968 with unit interior renovations in 2018 inclusive of granite countertops and select laminate flooring.
The Property is offered as a fee simple sale and offers prospective investors the opportunity to acquire a stabilized asset with a light value add opportunity. All utilities are currently paid by the landlord allowing for investors to capitalize on eliminating utility inefficiencies in the first year of ownership. Red Hawk Apartments is offered free and clear with attractive lender verified debt terms available.