$3,300,000
Active
9 Days Online
0 Beds0 Baths0 SQFT
Active

3508-3530 Wilson Avenue Leavenworth, KS 66048

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40 units. 38 are 1BR 1BA, 2 are 2BR 1BA. This is an as-is 7% cap rate with proven ability to hit a 9% cap. Exceptionally high occupancy history, well maintained and professionally operated. This is a GEM that you need to see. Each one bedroom unit is very spacious (see photos and tours) with many upgrades and modern finishes. Every unit has it's own exterior access - reducing owner expenses (hallway CAM) and gives tenants sense of privacy (stay longer, rent faster). A beautiful pool attracts great rents and great tenants. All units have modern comfort of central heating and cooling with many updated heating and cooling elements. Located next to University of Saint Mary, VA Medical Center, region's hospital, and all major retailers and job centers for the county. Sandwiched between Leavenworth and Lansing and just north of downtown KC, this is a exceptional asset that is easy to operate and gives any new ownership group in place cash flow. Upgrade units by adding washer and dryer in unit to get top of market rents, finish remaining units to more high end finishes. Sell off parcels over time, build additional units, or keep for long term wealth. Includes 69 Ash, 59 ash and the Wilson properties (8 total parcels). 59 ash is a vacant lot zoned residential - build additional units, a house to flip or maintain for resident privacy.

  • Property TypeCondo
  • NeighborhoodOther
  • CountyLeavenworth
  • Taxes$30,000
  • HOA/Condo/Coop Fees$0
  • Days on Site8 Days
  • MLS StatusActive
  • MLS ID Number2499234
  • Home Size Source N/A
  • Year Built1976
  • Lot Size0.918 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Concrete
  • Parking Off Street
  • Number of Stories 3
  • Water Public
  • Property Sub Type Apartment
  • Zoning R-MF
  • Sewer City/ Public

Interior Features

  • Cooling Electric
  • Heating ElectricNatural Gas
  • Appliances DishwasherDisposalRefrigeratorFree- Standing Electric Oven
  • Laundry Features Central Laundry

Exterior Features

  • Roof Composition
  • Pool Features Inground
  • Construction Details Brick & FrameConcreteSlab Construction

Community Features

  • Association Dues 0
  • Association Amenities Pool
  • MLS Area 427 - N=Lv Co Ln;S=Co Rd 8;E=Mo Rvr;W=Lv Co Ln

Schools

School District
Leavenworth
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$17,176
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