8 Garden Style Private Apartments located 1/2 Mile from KU Med with easy access to I-35. Plenty of parking for tenants & guests for these 2-bedroom/1 bath units. 5 of 8 units have been renovated and achieving average market rents (room to increase). Two vacant units ready for renovations that include washer/dryer in unit for approx. $12k total per unit for additional increased rent potential or value-add opportunity. Selling for higher cap rate than competitive properties due to vacant units & Cap Ex requirements Comprised of 4 separate buildings that contain 2 units each. 3 of the buildings have 4' +/- crawl space & the 4th building has full basement that can be converted to laundry space or potentially storage, extra unit, etc (Buyer to verify) for add. income. Pro Forma & T12 available upon request.