Auction Dates: August 11-13, 2025

82-Unit Portfolio in Central Wichita: Strategically located in a stable and established submarket, this portfolio offers scale with 82 units across multiple adjacent properties—ideal for investors targeting efficient operations and long-term growth in a low-supply environment.

$263,536 In-Place NOI with 88% Occupancy: Strong existing income stream with stable tenant base across 82 units; current occupancy and cash flow provide a solid foundation with upside through rent adjustments, water recapture, and continued lease-up.

Below-Market Rents with 20% Potential Upside: Current weighted average rents are $644—significantly below market. Aligning rents through a mark-to-market strategy presents immediate revenue growth potential of over 20%, with minimal capital outlay.

Stable Demand in a Diversified Economy: Wichita is a regional economic hub with strong employment in aerospace, healthcare, and education. The market’s affordability and consistent renter demand support strong fundamentals and ongoing occupancy.