6700 West 76th Street
Property Description
Courtyard Apartments presents the opportunity to acquire a 40-unit multifamily community located in one of the Kansas City metropolitan area’s most desirable and supply-constrained submarkets. Originally constructed in 1962 and extensively renovated in 2016-2017, the Property has demonstrated strong operating performance while providing investors with durable in-place cash flow and immediate stability. Situated in Overland Park, Kansas, Courtyard benefits from exceptional demographics, nationally recognized schools, and immediate access to the area’s major employment centers, retail corridors, and lifestyle amenities. Opportunities to acquire multifamily assets in Johnson County remain limited, and the combination of affluent demographics, strong resident demand, and high barriers to entry has historically supported healthy occupancy and rent growth throughout the submarket. In addition to its premier location, Courtyard offers investors a compelling revenue growth opportunity supported by favorable positioning relative to competing communities. Current rents remain below the competitive set, providing new ownership with a clear path to future rent growth while maintaining an attractive value proposition for residents. Combined with spacious two-bedroom floor plans averaging 1,080 square feet, in-unit washer and dryers, and a highly desirable Overland Park address, Courtyard Apartments represents an opportunity to acquire a stable, cash-flowing asset with meaningful upside in one of Kansas City’s most sought-after locations.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 40 |
| Year Built: | 1962 |
| Opportunity Zone: | No |
| Property Website | Click Here |
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