OAK BROOK, Ill.,– JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has completed renovations to the clubhouse and common areas at Summit Ridge Apartments (Summit Ridge) in Lee’s Summit, Mo.
JVM converted the former site of the community’s basketball court into a state-of-the-art, 3,500-square-foot fitness building with WellBeats, Bodycraft and Torque Fitness equipment. Additionally, the company remodeled the former laundry room into a brand-new pet spa and added a car wash. The revamped clubhouse now features a 24-hour electronic package center with refrigerated storage to accommodate the significant increase in food delivery the community has experienced. The building also includes a new co-working lounge with complimentary Wi-Fi, coffee and tea; a refurbished business center; and a renovated kitchen with a warming oven and ice-maker. Furthermore, the look of the pool area has been refreshed.
Renovations to the apartment homes at Summit Ridge are underway as well. New energy-efficient windows have been installed in the units. Other improvements – including the installation of white quartz countertops with dark gray cabinetry and in-unit washers and dryers – are scheduled to begin later this month. First-floor units also will feature gray wood-style flooring with carpeted bedrooms when the renovations are complete.
“We are extremely proud of the improvements at Summit Ridge,” said Jay Madary, president and CEO of JVM. “We believe the property now has the biggest and most attractive fitness facility in the area, and we feel the expansive refrigerated package storage area is a nice differentiator as well. All in all, the wide range of improvements will further cement the community’s status as one of the most-desired properties in its submarket. These renovations are a strong testament to JVM’s commitment to make sure our communities are always ideally positioned to be top performers and to deliver outstanding returns.”
Summit Ridge, which features 432 apartment homes, is located just 5 minutes from downtown Lee’s Summit and just 20 minutes from downtown Kansas City, Mo., and its array of employers, attractions and cultural venues. The property’s close proximity to two interstates (I-470 and I-70) and two federal highways (U.S. 50 and U.S. 291) gives residents easy access to the entire metro area. Summit Ridge also is just more than a mile away from St. Luke’s East Hospital, the largest private employer in Lee’s Summit, and is near several popular retail centers, including SummitWoods Crossing, Summit Fair and downtown Lee’s Summit.
The community offers easy access to multiple lakes and an extensive local parks system. Summit Ridge is located within the Lee’s Summit R-7 school district, which has won Missouri’s Distinction in Performance Award, the state’s highest recognition for academic achievement.
Summit Ridge offers one-, two- and three-bedroom apartment homes. The units feature 9-foot ceilings, crown molding, wood-style flooring and abundant natural light. Kitchens include custom cabinets, quartz countertops, under-mounted sinks, over-the-range microwaves and dishwashers. Select homes have fireplaces, and many units feature private balconies and patios with additional storage rooms. All of the homes have walk-in closets, and the community also has attached and detached garages.
Community amenities include a dog park; a game room with a pool table and shuffleboard; a resort-style pool with pergolas and a grilling station; and 24-hour emergency maintenance.
JVM is a respected name as a leader in multifamily real estate investment and property management. Since its incorporation in 1975, JVM has been committed to excellence and integrity and has striven to be the preferred choice for its investors, residents, and associates. Based in Oak Brook, Ill., it operates an $850 million multifamily portfolio in the greater Midwestern United States, including Illinois, Indiana, Kansas, Missouri and Ohio. For more information about JVM, visit our website and read our blog.