$265,000 of Additional Income via Interior Unit Modernization

Brickstone at Woodlawn enables new ownership to realize significant rent premiums through an already proven value-add renovation program. Over 20% of the units have been renovated (53/264) and classic units are primed for the continued value-add implementation through upgraded finish packages resulting in rent increases of roughly $200 per unit monthly.

Well-Positioned Asset in Booming Northeast Wichita Submarket

Surrounded by extensive retail and office space, Brickstone at Woodlawn boasts with immediate access to major area employers including Wichita State University and Koch Industries (6K+ jobs combined), both of which are located just 3 miles from the property. Further, the highly attractive low vacancy rate in the Northeast Wichita submarket is well below the national average at 2.5%, which speaks to the clear demand for apartment housing in the area.

Prime Location Proximate to Dining, Entertainment, Retail & Office Space 

Located fewer than 5 minutes from key area amenities, Brickstone at Woodlawn is in a highly sought-after area proximate to a multitude of nearby restaurants, retailers, office space, and interstate connectivity. The property is surrounded by luxurious single-family neighborhoods, country clubs, Bradley Fair shopping center, and the Waterfront which offers the most luxurious office and dining in the Wichita metro.