By Jackie Nelson
ElRose Apartments, located at 305 E. Academy, have been owned by Lorna and Lonnie Guhr for 22 years. However, the apartment complex has been sold to Jerry and Michelle Kepley, who live in Harvey County, according to Lorna Guhr.
Michelle Kepley said the couple took over the property on Feb. 1.
“I have been in contact with our residents and they are aware of our expectations as the new landlords and owners,” she said.
Guhr said the couple decided to sell the property “at the end of 2015.”
Harvey County public record 2015 appraised value put the three acre property at a value of $577,690.
ElRose Apartments first two buildings were constructed in 1965 and two more buildings were added in 1974.
There are 36 units in the complex with an average rent of $450 per month according to Guhr. However Guhr declined to give the number of tenants currently living in the apartment complex.
“The new owners have indicated that there won't be any major changes in the near future,” said Guhr.