Together with our partners, LANE4 purchased four multifamily communities in the Corinth neighborhood of Prairie Village, KS. Corinth Place, Corinth Paddock, Corinth Gardens, and Corinth Valley (formerly Mission Valley), total 342 units in a mixture of one, two, and three bedrooms. Purchased in a portfolio which also included Kenilworth Apartments, the total purchase represented nearly 73% of the multifamily product in Prairie Village at the time.
Built between 1961 and 1986 and newly branded as The Corinth Collection, each of the properties has undergone significant renovations including facade repairs, improved landscaping, and significantly upgraded interior finishes. The properties have been long-standing mainstays of the Prairie Village neighborhood but were in need of maintenance and modernization. The ownership group strived to retain the integrity of these familiar properties while providing a better quality of life to the residents while adding value to the surrounding neighborhood.
The Corinth Collection represents all the features LANE4 values in investment opportunities: quality real estate products, distinct characteristics, and strong locations.