Zeal Property Advisors, LLC is pleased to present the exclusive offering of Victory Park Apartments (“The Property”), a 104-unit apartment community located within an Opportunity Zone in Grandview, Missouri. The Property underwent an extensive renovation by the current ownership in 2021 inclusive of major capital improvements to the mechanical systems, exterior and interior. Victory Park is currently in post renovation lease-up allowing prospective investors to capitalize on multiple operational value-add components such as growing rents to market and implementing RUBS throughout the property.
The Property is offered as a fee simple sale and offers prospective investors the opportunity to acquire a workforce housing asset with little to no deferred maintenance. Victory Park is offered free and clear of existing debt with attractive 80% LTV options identified.