Map pinNorthwest 69th Terrace 3400, Kansas City, MO, 64151, US

Northwoods

Northwoods_Property for Sale

Attributes

Number of units
101 units
Year built
1970
Year renovated
2004
Occupancy
94%
Building area net
83,390 sf

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Northwoods Apartments. This 94% occupied, 101-unit mixed income property is located in Kansas City, MO and benefits from a project-based Section 8 (HAP) contract on 62% of the units. The Offering presents Investors the opportunity to deploy capital into an inflation-protected, government backed asset with the potential to significantly increase revenue through a mark-up-to-market contract rent increase.

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Investment Highlights

  • Partial HAP Contract Provides Stable Operations
  • Significant Contract Rent Upside
  • Proximity to Economic Drivers & Ease of Access


Northwoods 4_Property for Sale
Northwoods (0 Properties)

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Last updated
23 Apr 2024