The Oklahoma-Based Company, Vesta Capital LLC, Enters Kansas Real Estate Market After Purchasing Wichita Property
River Walk Apartments becomes part of Vesta Capital LLC’s portfolio.
WICHITA, Kan., November 19, 2021 / PRNewswire / – Vesta Capital LLC recently acquired River Walk Apartments, a 558-unit, 10.2-acre, multi-family community in Wichita, Kansas at a purchase price of 31.6 million
Marc Kulick, CEO of Vesta Capital LLC
Located at 410 E Marion Rd, the property has 20 buildings with 558 units and amenities like a fitness center, clubhouse, multiple laundry facilities, and more.
The community is in a prime location on South Broadway with easy access to Interstate 135 and steps from the Arkansas River. The community is also positioned with several major employers within a 10 mile radius. Wichitas The population and the labor market are trending upwards, which has created an undeniable need for housing. This has created many business opportunities for investors.
Marc Kulick, Founder and Managing Director of Vesta Capital LLC: “We’re excited to finally get into the Wichita Market with the acquisition of a truly unique asset, like River course. We look forward to providing an exceptional living experience for everyone in the community, and look forward to expanding our presence in Wichita. “
River Walk Apartments is the 28th acquisition for Vesta Capital LLC. The company currently owns and operates $ 500 million in assets and is on target to achieve $ 650,000,000 before the end of 2021. Vesta Capital LLC is open to new investors.
About Vesta Capital LLC
Vesta Capital is a privately held real estate investment company specializing in the acquisition and management of apartment buildings in Oklahoma and Arkansas. We buy properties that meet our strict underwriting standards and that are well positioned for a variety of market conditions. Vesta Capital LLC was founded in 2017 by the current executive member, Marc Kulick and has grown to over 8,000 units.
For more information on this, please visit vestarealproperty.com or email Marc Kulick at [email protected]
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Vesta Capital logo (PRNewsfoto / Vesta Realty)
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SOURCE Vesta Realty