Timberlee Apartments REO AUCTION

341 Southeast Lawrence Street, Topeka, KS 66607

Property Information

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 102,600 SF
  • Units 102
  • Lot Size 5.3 Acre
  • Parking Spaces Avail. 200
  • Year Built 1973
  • Date Updated Oct 22, 2026

Description

East Central Topeka, minutes from downtown. Roughly 40% of Topeka's population are tenants.Timberlee Apartments is a 102 unit townhome style community with a desirable unit mix and large floor plans. Timberlee Apartments is currently 100% vacant, allowing an investor to easily execute their strategy for success. The buildings have been boarded up to preserve the strong bones that the property has. A majority of the units can achieve market rents through light renovation, while less than 10% are/need to be gutted.

Highlights

  • Desirable unit mix with 80% 2+ bedrooms
  • No tenants= no eviction headaches: the upside is clear
  • Quality underlying Asset: Hardwood floors, plastic plumbing observed, copper wiring, good panels

Contacts

Location

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