Colony Woods — Sale in Kansas City, KS

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Kansas City, KS 66102

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Description

Colony Woods Apartments presents a compelling value-add and repositioning opportunity in Kansas City, Kansas, offering investors the ability to acquire a 97-unit community at an attractive basis with multiple avenues for value creation. Built in 1963, the property benefits from an established neighborhood setting with convenient access to local schools, neighborhood retail, and major transportation corridors throughout the Kansas City metro. The property currently has low occupancy following a fire that impacted one of the buildings and accelerated vacancy, creating a unique opportunity for new ownership to implement a comprehensive improvement plan. Investors can unlock significant upside through exterior enhancements, amenity upgrades, unit renovations, and operational improvements, while capitalizing on in-place rents that remain well below competing properties in the submarket. With a straightforward path to stabilization and additional rent growth potential through upgraded interiors, Colony Woods Apartments offers the opportunity to create substantial value through a disciplined repositioning strategy.

Market Context

This commercial property in Kansas City, KS is listed for sale. Compare it against other commercial property listings for sale in Kansas City, KS — view the full market.

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