Kansas City, KS
Zeal Property Advisors, LLC is pleased to present the exclusive offering of Redwood Courts Townhomes (“The Property”), a 44-unit townhome community located just north of Parallel Pkwy and Hwy 635 in Kansas City, Kansas. The Property is an ideal stabilized asset with ample CapEx and full unit renovations already completed by current ownership. Prospective investors have the opportunity to acquire an asset with 90%+ occupancy with rental growth upside where a $350 rent premium has been identified. Strong local third-party management has also been identified to capture operational value-add opportunities.
The Property is offered as a free and clear fee simple sale and presents prospective investors with several acquisition strategies such as straight to agency cash flow play, acquisition with bank debt and agency cash out refinance with market rents and/or the establishment of an HOA and individual sale of townhomes. Short term and perm structured finance options have been detailed in the Pricing Summary to support each of the above. For more information on offering procedures or to schedule a tour, please contact the brokers.