Zeal Property Advisors, LLC is pleased to present the exclusive offering of Maple Ridge Apartments (“The Property”), a 24-unit apartment community located just south of the University of Kansas in Lawrence, Kansas. The Property has recently undergone extensive renovations including new roof, sliding glass screen doors, windows, decking, interior corridors and more. Prospective investors may take advantage of operational value-add components such as implementing utility reimbursements and growing rents to market.
The Property is offered as a fee simple sale and offers prospective investors the opportunity to acquire a stabilized asset with little to no deferred maintenance. Maple Ridge is offered free and clear of existing debt with long term financing options identified.