ApartmentVestors acquires StoneSide Apartments & Town Homes in Gladstone, MO. StoneSide is a 44 unit apartment complex in Gladstone, MO made up of 22 - 1 bedroom apartments, 8 - 2 bedroom apartments, and 14 - 2 bedroom town-homes. StoneSide is a significant value-add opportunity with significantly under-market rental rates. Apartments plans over $4,000 per unit in capital improvements and property upgrades including new exterior paint, landscaping, resurfacing of the parking lot, new windows and exterior doors, and interior upgrades. This is ApartmentVestors second investment into the Gladstone, MO rental market.
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