Terrace Gardens

Peak Real Estate Partners is pleased to present the exclusive offering of Terrace Gardens (“The Property”), a meticulously maintained, high-occupancy 27-unit apartment community located in Kansas City, KS, just west of the West heights neighborhood between State and Minnesota Avenues. The Property sits in immediate proximity to chain grocery, pharmacy, restaurant and other retail conveniences, churches, and Kensington Park, with a playground, ball field, and gymnasium. The property is a 3-minute walk to main line bus transportation, 2 minutes to Interstate 635, and 4 minutes to Interstate 70.

The Property has seen renovations to 21 of the 27 units allowing prospective investors additional potential upside on their investment. The Property is offered as a fee simple sale and will be delivered as a stabilized asset.

• Features and Amenities: Gated Parking with Carports, New LVT Flooring in Renovated Units, Clean Unit Aesthetic, Private Patio/Balcony with Each Unit
• Value Add: Cosmetic renovations to remaining 6 units, implement parking income
• Capital Improvements Completed: New TPO Roof (West Building), Upgrades to Security Gates and Carports, Upgrades to Laundry Rooms, Common Areas, and Exterior Facade