Zeal Property Advisors, LLC is pleased to present the exclusive offering of Elevation South Apartments (“The Property”), a 64-unit apartment community located in Kansas City, Missouri. The Property recently underwent significant capital improvements valued in excess of $1.5mm. A select sample of Capital Improvements include roof replacement, breaker box replacement and HVAC and hot water tank replacement. With only 20% of unit interiors renovated, it paves the way for a strong operator to execute a light value-add campaign where a $250 rent premium has been identified. Investors may also capitalize on the ability to individually meter all utilities eliminating any inefficiencies experienced with RUBS.

The Property is offered as a fee simple sale and free and clear of existing debt. Prospective investors are encouraged to pursue short term financing while executing their value-add program and maintain the ability to tax free cash out a significant portion of capital invested upon stabilization and refinance of the asset.