Kansas City, MO
Zeal Property Advisors, LLC is pleased to exclusively present for sale The Historic Residences at Dutch Hill (“The Property”), a 36-unit apartment community located in the Longfellow neighborhood of Kansas City, Missouri. The Property underwent substantial renovations and is considered to have little to no deferred maintenance. The Property allows prospective investors the opportunity to acquire a stabilized asset with substantial rent growth upside in current condition with assumable low interest rate fixed debt for predictable returns.
The Property is offered as a fee simple sale with an assumable non-recourse Freddie Mac SBL loan that includes a fixed interest rate of 3.51% over the next 5+ years. The loan currently defaults to a minimal 1% pre-payment penalty allowing for maximum capital event flexibility in the future.