Nieman Apartments

Description: This eight-unit complex, offers spacious townhome style 2 bed 1.5 bath units; each unit spans two stories, featuring beautiful hardwood floors, cozy carpeted bedrooms, and an elegant balcony. Tenants will appreciate the convenience of attached garages with laundry hookups and storage and the prime location in the heart of Overland Park. The complex also has a swimming pool and workout facilities that are included with a low monthly HOA fee per unit, a great amendenity to offer tenants with zero work on the owners part. With easy access to highways, restaurants, grocery stores, and more, this property is ideal for those seeking comfort and convenience in a thriving area. A fantastic investment opportunity!

Why We Love It: Great price per door for the current rental rates and location. 

The Challenge: Cosmetic updates are needed to achieve market rent for all units. 

The Value Add Play: Turn over units as leases come up to achieve higher rents and consider medium-term rentals, no restrictions on that in Overland Park!