Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.

Wednesday, August 6, 2014

BRES' Deal of the Week - University Villa Apartments

Rosie Kiene of Block Real Estate Services, LLC. (BRES) closed on the sale of a Multifamily 108-Unit
Apartment Community in Kansas City, Kansas.

Details of the Deal:

Location:  3044 Francis Street, Kansas City, Kansas at Southwest and Rainbow Blvd.
Size:  5 buildings and 108-Unity Apartment Community
Sale Price:  $3,800.000.00
Seller: University Villa LLC.
Buyer: UV Investors

The University Villa Apartments will be rehabbed to tie into the growth and development of the Kansas University Medical Center.  The washer and dryers will be upgraded to stacked and interiors will have new counter tops, appliances and decking, and the entire facility will be upgraded with beautiful new landscaping.


Contributor:

Rosie Kiene
Vice President
Block Real Estate Services
LinkedIn

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