The Kapital Apartments

The Kapital offers investors a rare opportunity to acquire a truly turnkey, fully renovated 36-unit multifamily community in a highly convenient Topeka location. This three-story property was completely reimagined from top to bottom in 2021, with an extensive renovation taken down to the studs. Major improvements included new roofs, windows, HVAC, electrical, plumbing, and updated interiors—allowing a new owner to step into a modernized asset without the deferred maintenance and near-term capital expenditures typically associated with older multifamily properties.

The community features a desirable mix of studio and one-bedroom apartments with new flooring, cabinetry, stainless steel appliances, granite countertops, and in-unit stacked washers and dryers. All units are separately metered for utilities, helping minimize owner-paid expenses, while gated parking provides an additional resident amenity.

With virtually every major building component replaced or upgraded, The Kapital is exceptionally easy to own and operate. Its central location near Washburn University, the Kansas State Capitol, downtown Topeka, government offices, major employers, dining, and shopping provides access to multiple employment and renter-demand drivers.

For investors seeking scale without taking on a major renovation project, The Kapital delivers 36 extensively renovated units, modern building systems, efficient operations, and an excellent central location in one turnkey investment.