Woodway Apartments give an investor the opportunity to grow their Manhattan portfolio, or to enter into the popular Manhattan, Kansas market, home to Kansas State University.
Woodway Apartments are an established 87 unit (282 Beds) apartment community that has recently undergone a significant remodel! (2017) This property is 100% leased for the current school year and sits adjacent to the University and is across the street from the ever popular KSU football stadium, experience pregame from your balcony and then walk to games! This property sits in a A+ location, and the remodel positions this asset for the future to achieve maximum rent growth over time.
Woodway is a mix of 1,2,3 and 4 bedroom units providing something for everyone. The North Central Manhattan location allows the property to be both near the established University, but also near new growth like the $1.25B National Bio & Agro Defense Facility that is currently
under construction. This new facility will bring jobs, notoriety and growth to Manhattan, which was chosen after a 3-year site selection process.
Higher market rates, market growth, and its location will allow this re-positioned asset to have substantial growth over the next few years. Now is the opportunity to own this legacy asset and take advantage of the growing market of Manhattan, Kansas.