Welcome to Meadowlark Apartments—an exceptional investment opportunity featuring 32 buildings with 128-units (including an on-site office & shop). The community offers a balanced mix of 64 townhomes and 64 flats. The townhomes feature 2 bedrooms, 1 bathroom, and 950 sq. ft., currently renting for $900. The flats also offer 2 bedrooms and 1 bathroom with 850 sq. ft., renting for $800. Significant improvements have been made throughout the property, including new roofs installed in 2021, SCKEDD weatherization completed in 2023, and central heat & air systems—45% of which have been replaced since 2021. All buildings are separately deeded and metered and offer in-unit washer and dryer hookups. Additionally, 91% of the units have been fully remodeled with updates such as fresh paint, new flooring, upgraded tile, countertops, appliances, and more. See Offering Memorandum for additional financials and information.

Source: Wichita MLS, MLS#: 667256