- Best-in-Class, 2016-Built Asset
- Convenient Access to Entertainment & Biomedical Campus
- Stabilized Asset with Rent Upside and Additional Revenue Opportunities
- Attractive Going In Basis
- Offered Free and Clear of Existing Debt
Best-in-Class, 2016-Built Asset
Built in 2016, Pinnacle Lofts features loft-style units with open floor plans, industrial finishes, and in-unit washers and dryers. Residents benefit from off-street and covered parking in a gated lot, as well as 24-hour access to a clubhouse that includes a coffee bar, fitness center, and community room.
Convenient Access to Entertainment & Biomedical Campus
Pinnacle Lofts is ideally situated in the Riverside neighborhood, offering convenient access to bike trails, city parks, dining, and key entertainment venues. The property is located less than a mile from three major developments, two of which are currently underway. The $110 million Ballpark District development is set to be completed by the end of 2026, as well as the $300 million Wichita Biomedical Campus, which will bring over 3,000 students and 200 faculty members to downtown Wichita.
Stabilized Asset with Rent Upside and Additional Revenue Opportunities
The property is stabilized, showing strong rent and RUBS growth under current market conditions.The property is stabilized, showing strong rent and RUBS growth under current market conditions. The next owner will be stepping into a cash-flowing asset with an aggressive revenue trajectory and an occupancy rate just under 100%.
