1 Twenty Two Apartments is a 48-unit apartment complex located in Gladstone, MO. The property consists of majority 2 BR units (41/48) with the remaining 7 units being 1BR. Current ownership has renovated roughly 50% of the units. At closing, there will be 7 “down” units that have roughly $50,000 of cap ex work needed to get to make ready condition. The units at 1 Twenty Two are larger, average SF is roughly 900 SF. All units have central heating and cooling, and a select few have washer and dryer in-unit. All other units use the on-site common area laundry facilities. There is a dog park and a potential to add in a playground set in the center green space. There is over 1 to 1 off-street parking for tenants as well.