Acquisitions JVM Acquires Clear Creek Apartments Overland Park Kansas October 9, 2012

Overland Park, Kansas October 10, 2012: Oak Brook, Illinois-based real estate investment and property management firm, JVM Realty Corporation, announced the purchase of Clear Creek Apartment Homes in Overland Park, Kansas.

Clear Creek is a three story, 288 unit apartment community built in 2007. Clear Creek offers 138 one bedroom one bath, twenty eight two bedroom one bath, ninety eight two bedroom two bath, and twenty four three bedroom two bath luxury apartment homes in seven spacious floor plans. The property offers three distinctive finish levels for residents to choose from. One finish level, called the contemporary includes light maple colored cabinetry, sleek grey countertops and a signature lighting and hardware package. The Luxe and Metropolitan packages differ from the Contemporary with choices such as darker Maple and dark Cherry cabinet color s respectively. The three distinctive finish packages have coordinating countertops, lighting, and hardware throughout. The Metropolitan package even includes sealed concrete flooring throughout making it the most “edgy” of the finish packages available. All apartment homes are equipped with black Whirlpool appliances, full-size washer/dryers and nine foot ceilings.

Popular amenities include private fenced in yards, a twenty four hour fitness center, club center with a business center and state of the art party room. The private two tiered swimming pool with waterfall is a favorite among residents. There is a covered outdoor community patio, a sand volley ball court, and an adjacent Overland Park bike path. Clear Creek is a pet friendly community.

The Clear Creek acquisition brings the JVM Realty Corporation portfolio size to 1076 total units in the Kanas City market. JVM Realty Corporation is an Oak Brook Illinois based investment and management firm specializing in Midwestern properties. The JVM portfolio consists of over 7,000 units.

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