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Multifamily

Pin Oak Acres Apartments

925 Brookside St, Leavenworth, KS 66048

Listing Price: Request For Offer

Number of Units
152
Occupancy
90.0%
Gross SF
127,189

Investment Overview

Pin Oak Acres (“The Property”) is a 152-unit garden-style multifamily community that provides workforce housing located in Leavenworth, KS (20 miles Northwest of Downtown Kansas City, MO). The property was constructed in 1968 and 40 percent of the units were renovated over the past 24 months resulting in an average rent increase of $185 per unit per month. The property presents investors with a paint-by-numbers value-add path to enhanced returns by continuing to upgrade the interior unit finishes as turnover occurs to increase rents.

Investment Highlights

  • Three Bedroom Townhomes Make up 47 Percent of the Unit Mix
  • Value-Add Opportunity – Renovate the Remaining 60 Percent of Units
  • Over One Million Dollars invested into The Property in the Past Two Years

Exclusively Listed By

Multifamily

Pin Oak Acres Apartments

Listing Price: Request For Offer

Number of Units
152
Occupancy
90.0%
Gross SF
127,189

Investment Highlights

  • Three Bedroom Townhomes Make up 47 Percent of the Unit Mix
  • Value-Add Opportunity – Renovate the Remaining 60 Percent of Units
  • Over One Million Dollars invested into The Property in the Past Two Years

Investment Overview

Pin Oak Acres (“The Property”) is a 152-unit garden-style multifamily community that provides workforce housing located in Leavenworth, KS (20 miles Northwest of Downtown Kansas City, MO). The property was constructed in 1968 and 40 percent of the units were renovated over the past 24 months resulting in an average rent increase of $185 per unit per month. The property presents investors with a paint-by-numbers value-add path to enhanced returns by continuing to upgrade the interior unit finishes as turnover occurs to increase rents.

Exclusively Listed By

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