Zimmer Real Estate Services, as exclusive advisor, is pleased to present the opportunity to acquire The Kapital (the “Property”), a 36-unit multifamily property located in the heart of Downtown Topeka at 1306 SW Harrison St, Topeka, Kansas. The Property was fully renovated in 2022 including new roofs, mechanical, electrical, and plumbing. Interior renovations included new flooring, cabinets, stainless steel appliances and granite countertops have had a positive impact on leasing, with the Property having a 97% occupancy rate. The Property features a variety of unit types, with 12 studios, 12 one-bedroom, and 12 two-bedroom units. The Property is centrally located within walking distance of the Kansas State Capitol, five minutes from Washburn University and University of Kansas Health System St Francis Campus. Less than a mile from Interstate-70, the location offers quick access to other markets nearby including Lawrence and Kansas City. The Topeka multifamily market has seen strong year-over-year market rent growth of 6.1% in a supply constrained market.