Lookout Apartments 6212 Slater St 34 Unité Immeuble d’appartements À vendre Merriam, KS 66202

Zeal Property Advisors, LLC is pleased to present the exclusive offering of The Lookout Apartments (“The Property”), a 34-unit apartment community located in Merriam, Kansas. The Property was built in 1965 and underwent substantial renovations to the interior and exterior in the late 2000’s. The asset is located next door to the ongoing $250mm Merriam Grand Station & Marketplace development featuring a Trader Joes grocer catty-corner to Lookout. The Property is considered stabilized with little to no deferred maintenance in a suburban pocket gentrifying in real time. The Property is additionally uniquely zoned for High Rise Residential and prospective investors are encouraged to review this opportunity as a redevelopment or use as a future exit strategy.
The Property is offered as a fee simple sale free and clear of debt and offers prospective investors the opportunity to acquire a well-located asset primed for above par appreciation + rent growth. Tour dates will be announced by the Brokers at a future date.