- Huge Upside Opportunity of $350 Per Unit (Monthly)
- Positioned and Poised for Value-Add Implementation
- Prime Location – Rated A+ by Niche
- Located in Blue Valley School District
- High-Growth Area with Great Interstate Connectivity
- Offered Free and Clear of Existing Debt
$350 PER UNIT (MONTHLY) IN VALUE-ADD UPSIDE WITH MODERATE UPGRADES
Constructed in 1996, Centennial Park boasts original interior finishes, which gives new ownership the opportunity to achieve significant rent upside of $350 per unit (monthly), with completion of interior upgrades and modernizations coupled with further continuity and improvement of the stabilized operations already in place. Cosmetic updates to the bathrooms combined with kitchen upgrades to areas such as the cabinetry, countertops, appliances coupled with new vinyl flooring and an upgraded lighting package throughout will enable the new buyer to push annual rental income by $714,000!
INCREDIBLY WELL POSITIONED AND PRIMED FOR VALUE-ADD IMPLEMENTATION
Located in the extremely desirable Overland Park submarket which boasts a litany of impressive accolades and distinctions each year, Centennial Park is surrounded by a top-tier retail and shopping experience. Built in 1996, the property has maintained vintage unit interiors and a robust amenity package that’s primed for value-add upgrades with a highly sought after foundation ready for modernization.
