PLEASANT VALLEY OAKS

52 Units | Built 1986

The Opportunity

Berkadia Real Estate Advisors is pleased to present the exclusive opportunity to acquire Pleasant Valley Oaks, a 52-unit 1986 constructed value-add asset strategically located near the MSA’s largest interstate systems and major employers.

The property has a location that is directly accessible to Kansas City’s major interstate systems (I35 and I435), positioned advantageously proximate to the one the metro’s largest driver, the Ford Assembly Plant. The well-maintained asset offers limited deferred maintenance and has strong historical occupancy.

With light interior and exterior upgrades, a buyer has the ability to push rents, with plenty of room to draft behind the top product in the submarket. There is also a clear opportunity to add value by burning off the current loss to lease.

 

 

Property Highlights

  • Immediate Upside through Light Interior Upgrades
  • Proximate to Ford Assembly Plant (7,300 jobs)
  • High-Quality Mid ‘80s-Built Asset
  • Revenue Upside through Garage Income
  • Limited Competition in the Immediate Submarket
  • Quiet Residential Setting with Easy Access to I35

THE PROPERTY

UNIT Amenities

  • Fully Equipped Kitchen Package with Dishwasher
  • Washer and Dryer in All Units
  • Private Patio or Balcony
  • Master Bedroom with En-Suite Bathroom (All Units)
  • Ceiling Fans
  • Double-Pane Windows
  • Walk-in Closets
  • Coat Closet
  • Screen Doors

COMMUNITY Amenities

  • Tandem Garages
  • Community Grill Area
  • Pet-Friendly
  • Off-Street Parking
  • Quiet Residential Setting

THE LOCATION

ECONOMIC SNAPSHOT

DOCUMENT CENTER

CONTACT US

Investment Advisors

DOMINIC MARTINEZ

Associate Director

dominic.martinez@berkadia.com

816.656.3702

BRETT MEINZER

Director

brett.meinzer@berkadia.com

816.759.0366

MICHAEL SULLIVAN

Senior Director

michael.sullivan@berkadia.com

816.759.0369

ALEX BLAGOJEVICH

Managing Director

alex.blagojevich@berkadia.com

312.845.3088

KANSAS CITY OFFICE

4800 Main Street

Suite 501

Kansas City, MO 64112

816.531.2884 | Fax: 816.531.6188

Berkadia.com

Berkadia®, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry.
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