Westwood on Battlefield Springfield, MO

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Westwood on Battlefield

Address

1131 West Battlefield Road
Springfield, MO 65807

Property Summary

  • Units 192
  • Built 1980
  • Renovated 2018 - 2023

Investment Highlights

  • PROVEN UPSIDE OF $200+/UNIT ON ~40% OF UNITS 
  • INSTITUTIONALLY OWNED/OPERATED ASSET 
  • METICULOUSLY MAINTAINED ASSET—SIGNIFICANT RECENT CAPEX (ROOFS, SIDING, BALCONIES, SYSTEMS, GROUNDS, AMENITIES, PARKING, SIGNAGE, AND MORE) 
  • 192 UNITS OFFER IMMEDIATE SCALE 
  • CONVENIENT CONNECTIVITY TO ENTIRE MSA 
  • OFFERED FREE AND CLEAR OF EXISTING DEBT 


Proven Upside of $200+/Unit on ~41% of Units 

Constructed in 1980, Westwood on Battlefield offers classic and partially renovated interior finishes in roughly 41% of units, giving new ownership the opportunity to achieve significant rent upside of over $200 per unit (monthly). Cosmetic upgrades have been implemented on 59% of the units, successfully proving the upside potential. Continuing to modernize the remaining classic units will enable new ownership to push annual rental income by over $275,000! 


Institutionally Owned/Operated Property 

Westwood on Battlefield is currently institutionally owned and professionally managed. New ownership will benefit from the consistent, high-quality operations at the property level and will be able to immediately focus their full attention on the completion of the value-add project upon takeover. 


Meticulously Maintained Asset – Significant Recent CapEx 

Westwood on Battlefield has been meticulously maintained by the current ownership group with significant capex invested recently. This includes new roofs, balconies, siding, systems upgrades, landscaping, amenities upgrades, parking lot renovation, improved signage, and much more. Westwood on Battlefield has maintained a significant number of vintage unit interiors that are primed for continued value-add upgrades to match the robust amenity package that has been added by current ownership. The recent capex investments provide a strong foundation for new ownership to implement cosmetic renovation strategies that will result in significant rent upside. 

Points of Interest

Amenities

Property Amenities

Unit Amenities

  • Private Patios/Balconies
  • Fully Equipped Kitchen
  • Walk-In Closets
  • Pet Friendly
  • Vinyl Flooring & Carpet
  • Free Internet – Speeds up to 1GB per Unit!
  • Cable Ready
  • Smoke Free

Community Amenities

  • Fitness Center
  • Basketball Court
  • Swimming Pool
  • Volleyball Court
  • Grill Station
  • Dog Park
  • Sauna
  • Secure Entry Buildings
  • 24/7 Emergency Maintenance
  • On-Site Laundry Facility
  • On-Site Management

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively. 


MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.


Tom Maloney

Senior Director
MMG REA
314.305.2477 tom.maloney@mmgrea.com

Daniel Wiele

Senior Director
MMG REA
314.606.0256 daniel.wiele@mmgrea.com

Alex Beck

Senior Advisor
MMG REA
314.306.2055 alex.beck@mmgrea.com

Thomas Skevington

Senior Advisor
MMG REA
913.231.1086 thomas.skevington@mmgrea.com

Jacob Bamesberger

Associate Advisor
MMG REA
815.591.2448 jacob.bamesberger@mmgrea.com

Michael Sullivan

Executive Managing Director/Founding Partner
MMG REA
913.484.7923 michael.sullivan@mmgrea.com

Alex Blagojevich

Executive Managing Director/Founding Partner
MMG REA
773.899.0391 alex.blagojevich@mmgrea.com

Get in Touch

Address

MMG Real Estate Advisors

601 Westport Road

Kansas City, MO 64111