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JVM Acquires The Sovereign at Overland Park Luxury Apartment Homes, in Overland Park, KS

Overland park Kansas, April 22, 2014: Oak Brook Illinois based real estate investment and property management firm, JVM Realty Corporation, announced the purchase of The Sovereign at Overland Park Apartment Homes in Overland Park Kansas today. The Sovereign at Overland Park is a 250 unit luxury apartment community that was built in 2013. The Sovereign offers ninety-four (94) one bedroom one bath, one hundred and eight (108) two bedroom two bath, and forty eight (48) three bedroom two bath luxury apartment homes that come in nineteen (19) different spacious floor plans. The community offers two distinctive finish levels for residents to choose from. Each apartment home comes with exquisite designer interiors including dramatic high ceilings, cherry cabinets, pacific coast granite kitchen countertops, arched doorways, stainless style appliances, private entries, full sized washer and dryer, garden soaking tubs, generous outdoor patios or balconies, and enviable closets and storage. Most apartment homes feature a built in computer desk and an attached one or two car, direct access garage with additional storage that rivals commercial storage facilities. State of the art amenities include a twenty four hour fitness center, drive through mail kiosk, Wi-Fi computer lounge, Wi-Fi sundeck, outdoor fire pit with flat screen TV, resort style salt water pool, media room, putting green, poolside gourmet grilling area, and an auto detailing bay. The Sovereign at Overland Park is also a pet friendly community, with no weight restrictions on pet sizes, with only restrictions against certain breeds. The acquisition of the Sovereign at Overland park brings the JVM Realty Corporation portfolio size to one thousand five hundred and thirty two (1532) units in the greater Kansas City market. The property will be managed in house by JVM’s own property management division, which manages all of JVM’s properties and offers its management expertise to other property owners. JVM Realty Corporation is real estate investment and property management firm that specializes in Midwest multifamily communities.

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