Colonial East/West Apartments

Colonial East/West Apartments presents a fully stabilized multifamily investment opportunity in the desirable Overland Park submarket of Kansas City. This 16-unit property, encompassing two buildings on 0.58 acres, offers 13,464 square feet of rentable space with an average unit size of 750 square feet. Originally constructed in 1961 and upgraded in 2000, the asset is 100% occupied, reflecting strong tenant demand. Located at 7201-7221 West 78th Street, the property benefits from its strategic position in a high-demand residential area with proximity to major employment hubs, retail corridors, and top-rated schools. The unit mix and property size cater to a stable tenant base, ensuring consistent cash flow. With no immediate lease rollover and market rents in alignment with in-place rents, this property offers a secure and predictable income stream. The asset’s vintage, coupled with the 2000 renovations, provides a balance of durability and modern functionality, appealing to both tenants and investors. Capitalize on this rare opportunity to acquire a fully occupied, low-maintenance multifamily asset in one of the Kansas City metro's most sought-after submarkets. Results Jon England and his team packaged this opportunity to a large market of buyer prospects which yielded twelve offers and a qualified Buyer who closed at a price point above the market guidence we offered our clients.