Topeka Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Topeka, Kansas
Topeka: In the Spotlight
Topeka, Kansas is located 143 miles from the city of Wichita and is part of the Topeka Metropolitan Statistical Area (MSA). The population of Topeka is just over 124,000, making it the 5th most populous city in the State. It also covers just 61 square miles of land. A motorsport mecca and home to Heartland Park, Topeka’s name comes from a Native American word, the meaning unknown.
- The unemployment rate is around 4.1%.
- The median household income is $47,999.
- The median age in Topeka is 37 years old
- Topeka employs over 60,000 residents
- Topeka has a high vacancy of around 10.8% across all rental properties
- There has been a marginal rent decrease, to $804 per month
- The homeownership rate is roughly 56%, which leaves around 44% of residents looking for rental properties.
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Topeka Apartment Loan and Multifamily Property Facts
Topeka is part of the Kansas market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in Topeka, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Topeka Apartment Loan and Lending Options
In Topeka, Kansas there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your Topeka Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Topeka, KS. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Topeka is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Topeka Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.