- WELL-POSITIONED ASSET PRIMED FOR VALUE-ADD IMPLEMENTATION
- $299 PER UNIT IN VALUE-ADD UPSIDE – $412,260 WITH INTERIOR & EXTERIOR MODERNIZATIONS
- LOCATED ADJACENT TO THE UNIVERSITY OF KANSAS
- HIGH STUDENT DEMAND WITH CLOSE PROXIMITY TO CAMPUS AND KU’S GREEK HOUSING
- LAWRENCE UNIFIED SCHOOL DISTRICT – RATED A- BY NICHE.COM
- OFFERED FREE AND CLEAR OF ANY EXISTING DEBT
WELL-POSITIONED ASSET PRIMED FOR VALUE-ADD IMPLEMENTATION
Located near the University of Kansas’s campus and built-in 1966, West Hills Apartments is surrounded by Booth Memorial Stadium and several Greek living buildings. These units are primed for value-add modernizations and upgrades to bring the property up to current high-end standards that will increase average rents significantly.
$299 PER UNIT IN VALUE-ADD UPSIDE – $412,260 WITH INTERIOR & EXTERIOR MODERNIZATIONS
West Hills Apartments provides the incredible opportunity to upgrade 100% of the unit interiors and receive rent upside of roughly over $300 per month per unit with interior renovations to the units. With the addition of upgraded wood-look flooring, solid surface countertops, stainless steel appliances, updated lighting package, and updated bathrooms will allow a new buyer to push annual rental income by $412,260.
LOCATED ADJACENT TO THE UNIVERSITY OF KANSAS
West Hills Apartments is located adjacent to the University of Kansas and Memorial Stadium. KU is home to more than 27,000 students and over 10,000 staff throughout its campuses and is known as a top-tier research institution with more than 400-degree programs. Lawrence is a progressive city and home to more than 100,000 people, ranked as the #6 College Town in the Country by Livability.
