- Incredibly Well-Positioned for Value-Add Implementation
- $137/Unit (Per Month) Upside with Light Interior Cosmetic Updates
- Opportunity to Achieve Immediate Scale at a Great Basis
- Extensive Capex Projects Completed by Current Ownership
- Convenient Locations with Exceptional Highway Access & Connectivity
Incredibly Well-Positioned for Value-Add Implementation
New ownership has the exceptional opportunity to realize significant rent premiums through light value-add renovations in order to elevate units to top-of-market levels. These light value-add initiatives have the inherent ability to provide remarkable upside on the investment. Current ownership has renovated 182 units during their ownership, leaving 183 units for the next Owner to capitalize on.
$137/Unit (Per Month) Upside with Light Interior Cosmetic Updates
The portfolio provides an outstanding opportunity to capture rent upside of $137+ per unit (monthly) with light interior cosmetic updates. New ownership will have the ability to significantly push annual rental income by over $639,870 upon completion of unit upgrades that include LVT flooring, black appliances, Formica countertops, refinished cabinets/lighting & plumbing fixtures.
Opportunity to Achieve Immediate Scale at a Great Basis
The South KC Trio is a perfect fit for value-add buyers, regardless of their current presence in the KC MSA. As the package is 365 units, this is a great opportunity for buyers who have been waiting to enter the Kansas City market but wanted to make sure that economies of scale could be achieved for a more efficient management situation. Each of these deals are less than a 5-minute drive from each other.