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.
Sold
Price Unknown
3508-3530 Wilson Ave, Leavenworth, KS 66048
--beds
2baths
--sqft
Apartment
Built in 1976
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 18, 2024 at 10:07am
Listing Provided by:
Alex Olson 816-591-0825,
Legendary Apartment Brokers
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2499234

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Electric, Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Free-Standing Electric Oven, Ind Water Heaters
- Laundry: Central Laundry
Features
- Has basement: No
Property
Parking
- Parking features: Off Street
Features
- Pool features: In Ground
Lot
- Size: 0.92 Acres
Details
- Parcel number: 1011201004003.000
- Zoning: R-MF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick & Frame, Concrete, Slab Construction
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Ind Heat And Air
Community & neighborhood
Location
- Region: Leavenworth
- Subdivision: Other
HOA & financial
HOA
- Has HOA: No
- Amenities included: Pool
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Paved