Berkadia Real Estate Advisors have been exclusively retained to offer qualified investors the opportunity to purchase the fee simple interest in Grant 79, a conventional 100 unit multifamily asset located in one of Kansas City's most desirable submarkets - Overland Park / Johnson County.
Located in Kansas City's premier and most affluent submarkets in Overland Park, Grant 79's location is attractive to families and young professionals with convenient access to top employers and job concentrations, excellent schools, leading healthcare and abundant retail.
Grant 79 is a newly enhanced apartment community consisting of 100 units located in Overland Park, Kansas. Part of the Kansas City metropolitan area, the city of Overland Park is approximately 10 miles southwest of Downtown Kansas City. Built in 1970 and recently renovated, the garden-style property is situated on 7.72 acres encompassing a net rentable area of 101,455 square feet. The property contains six two-story buildings consisting of wood frame construction and pitched roofs composed of asphalt shingles. A separate building is currently being used as a stand-alone rental office.
Residents have six floor plans from which to choose. The community is comprised of one studio measuring 465 square feet, 37 one-bedroom units ranging from 724 to 924 square feet, 44 two-bedroom units ranging from 980 to 1,089 square feet, and 18 three-bedroom units ranging from 1,350 to 1,440 square feet with an overall average unit size of 993 square feet. Nestled in a residential neighborhood, the property has plenty of grassy areas surrounded by mature evergreen trees. Grade-level apartment parking is available for 185 vehicles. Carport parking is an optional amenity.
Financing Managing Director
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
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