Fairlawn Acres Topeka, KS

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Fairlawn Acres

Address

605 South West Fairlawn Road
Topeka, KS 66606

Summary

Site Size (AC): 5.69
Density: 196 Units

Investment Highlights

Approved PUD & Architectural Plans for 196-Unit, Surface-Parked Multifamily Project
Interchange Visibility & Regional Connectivity
Employment Anchors Minutes Away
Pro-Business / Talent-Attraction Incentives
Amenity-Rich, Infill Location

Approved PUD & Architectural Plans for 196-Unit, Surface-Parked Multifamily Project

The site comes with substantial pre-development and entitlement work already completed, eliminating uncertainty and reducing the overall development timeline. The seller has completed schematic design and PUD approval for a 196-unit, four-story, wood-framed multifamily project with surface parking. The Topeka City Council previously approved the use of Industrial Revenue Bonds to finance the development, reducing the need for outside equity to capitalize the project.

Interchange Visibility & Regional Connectivity

Front-door access to I-70 at Exit 357A (Fairlawn Rd)—a signed interchange serving West/Southwest Topeka—delivers instant connectivity to US-75, I-470, and the broader KC–Topeka–Lawrence corridor.

Employment Anchors Minutes Away

Demand drivers include Stormont Vail Hospital (586 beds) and Washburn University (~7,000 students), plus a stable public-sector base led by the State of Kansas—the metro’s largest employer—supporting steady renter demand across cycles.

Location Map

Map Type

Fullscreen

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.

MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.