The Bel Aire Apartments is a garden-style 24-unit apartment complex with mid-century charm in the heart of Overland Park. Three buildings totaling 19,152 square feet surround a central courtyard. Eight units are two-bedroom and one-bathroom, while 16 are one-bedroom and one-bathroom units. 18 of the 24 units have undergone recent renovations to a luxury finish – upgraded LVP flooring, tiled showers, granite countertops, stainless steel appliances, and modern fixtures. Each unit has a dedicated outdoor space of either a private patio or a private balcony. Common laundry is in the basement of each building, and parking is in a dedicated lot behind the building.
Overland Park is a thriving community that consistently ranks in the top ten places to live nationwide. Take a look at adding Bel Aire Apartments to your rental portfolio, you’ll be glad you did!
The Value Add Play: Renovate the remaining six units, get all the rents up to market rates, and hold in this fantastic central Overland Park location.
Why We Love It: Value-add building in the highly coveted submarket of Overland Park. Huge renter demand for this central location with excellent schools.
Property Challenges: That central courtyard is begging for some quality landscaping and six units still need renovations.