Victory Park Apartments

Grandview, MO

Sale Overview

Zeal Property Advisors, LLC is pleased to present the exclusive offering of Victory Park Apartments (“The Property”), a 104-unit apartment community located within an Opportunity Zone in Grandview, Missouri. The Property underwent an extensive renovation by the current ownership in 2021 inclusive of major capital improvements to the mechanical systems, exterior and interior. Approximately 90 units have been renovated allowing prospective investors to capitalize on growing rents to market and implementing water billbacks throughout the property.

The Property is offered as a fee simple sale and offers prospective investors the opportunity to acquire an asset with 90%+ physical occupancy and little to no deferred maintenance. Victory Park Apartments is offered free and clear of existing debt.


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Contact Broker

Austin R. Paul

Principal

Keiten J. Nuspl

Director

Quick Summary

Address 12322 3rd Street, Grandview, MO
RSF 73,200
Price Market
Units 104
Year Built 1972 | 2021
Lot Size 4.84 AC