Topeka, KS
Zeal Property Advisors, LLC is pleased to present the exclusive offering of 2007 & 2021 SW Mission Ave (“The Property”), a 36-unit apartment community ideally situated near SW Gage Blvd and West 21st Street in Topeka, Kansas. This Property is an ideal plug and play opportunity with a majority of the capital expenditures having already been completed. Prospective investors have the opportunity to grow rents to market where a $200 rent premium has been identified and optimize expenses to achieve an above market return. Strong local third-party management is underwritten to assist in this value-add opportunity.
The Property is offered as a fee simple sale and presents prospective investors with both short and long term capital event opportunities including a cash-out refinance once stabilized. Non-recourse structured finance options have been identified. For more information on offering procedures or to schedule a tour, please contact Keiten Nuspl.