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Portfolio For Sale
Multifamily Property For Sale
·
102 Units
INVESTMENT HIGHLIGHTS
Lawrence, Kansas is a bedroom community to Topeka (20 minutes), Johnson County (25 minutes), and Kansas City (30 minutes)
Campus View and The Hamilton sit in close proximity to major thoroughfares (for conventional renters) and KU campus (for students and faculty)
Lawrence vacancy rate is 2.8% with a market asking rent approaching $1,100.
The University of Kansas (30,000 students and 10,000 associates) is experiencing YoY record enrollment growth and student housing shortages
Over 100 of 130 units within the portfolio have been substantially renovated.
Lawrence SFR median sales price is $10,000 more than the KC Metro, $70,000 more than Manhattan, & $100,000 more than Topeka or Wichita.
PROPERTY FACTS
No. Units
102
Property Type
Multifamily
Apartment Style
Garden
Average Occupancy
95%
No. Stories
3
Parking Ratio
1.31/1,000 SF
APN / Parcel ID
023-111-12-0-20-02-002.00-0
Zoning
RM-32
