- High Quality Adaptive Reuse in Downtown Kansas City
- Incredibly Well-Positioned for Value-Add Implementation
- Remarkable $172/Unit (Per Month) Upside with Light Interior Cosmetic Updates
- Strong Surrounding Demographic Profile
- Prime Location Near Employment, Retail, & Entertainment
- Offered Free and Clear or With Attractive Assumable Financing
- Infill Location with High Barriers to Entry
High Quality Adaptive Reuse in Downtown Kansas City
Exceptionally high-quality construction is evidenced throughout Trolley Park Lofts, which is the product of a 2014 Historical Rehabilitation where no stone was left unturned. This community offers a robust amenity package and higher end finishes throughout the unit interiors.
Incredibly Well-Positioned for Value-Add Implementation
New ownership has the opportunity to realize significant rent premiums through cosmetic, value-add renovations in order to elevate units to top-of-market levels. These light value-add initiatives will provide remarkable upside on the investment.
Remarkable $172/Unit (Per Month) Upside with Light Interior Cosmetic Updates
The asset provides an outstanding opportunity to capture rent upside of $172 per unit (monthly) with light, interior cosmetic updates. New ownership will have the ability to significantly push annual rental income by over $100,000 upon completion of unit upgrades that include solid-surface countertops, new cabinets, and updated fixtures/faucets throughout.
