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711 N Broadway Street

Leavenworth, KS 66048
  • $2,400,000
  • STATUS: Active
  • ON SITE: 97 Days
  • ID#: 2468524
$2,400,000
  • 0
    BEDS
  • 1.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

School District:

Description

Landmark Apartments, featuring 27 fully remodeled units, presents a turnkey investment opportunity within a historic property built in 1903 and renovated in 2022. Situated just 10 to 15 minutes walking from downtown on a 1.8 acre lot amidst well-kept single-family homes, this property has strong demand and commands over average rents. Leavenworth County has seen consistent population growth, averaging 0.7% annually over the last decade. The city of Leavenworth, the county seat and home to half the population, enjoys proximity to Fort Leavenworth, the longest standing Army Military base in the country and employer to over 9 thousand. Included on base is the United States Army Command and General Staff College, the graduate school for United State Army Officers. Landmark Apartments has an occupancy rate of 85% just shy of the city average 93% as they finalize lease up. Effective rent growth has been a strong and steady 5.9% over the past year, averaging 5% over three years. This investment taps into a flourishing market with promising growth prospects, offering immediate cash flow and substantial long-term value appreciation in a city poised for ongoing development.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Dani Beyer Real Estate | Keller Williams KC North do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-04-03T23:45:35.027.

Based on information submitted to the MLS GRID as of 2024-04-03T23:45:35.027 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.danibeyerrealestate.com/homes/146512592
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711 N Broadway Street Leavenworth, KS 66048

  • Price: $2,400,000
  • Status: Active
  • On Site: 97 Days
  • ID#: 2468524
0
Beds
0
Baths
0
½ Baths
1.8
Acres
Neighborhood:
Other
County:
Leavenworth
Area:
355 - N=K-10;S=143Rd;E=Moonlight Rd;W=Co Ln
School District:
Leavenworth
Property Description
Landmark Apartments, featuring 27 fully remodeled units, presents a turnkey investment opportunity within a historic property built in 1903 and renovated in 2022. Situated just 10 to 15 minutes walking from downtown on a 1.8 acre lot amidst well-kept single-family homes, this property has strong demand and commands over average rents. Leavenworth County has seen consistent population growth, averaging 0.7% annually over the last decade. The city of Leavenworth, the county seat and home to half the population, enjoys proximity to Fort Leavenworth, the longest standing Army Military base in the country and employer to over 9 thousand. Included on base is the United States Army Command and General Staff College, the graduate school for United State Army Officers. Landmark Apartments has an occupancy rate of 85% just shy of the city average 93% as they finalize lease up. Effective rent growth has been a strong and steady 5.9% over the past year, averaging 5% over three years. This investment taps into a flourishing market with promising growth prospects, offering immediate cash flow and substantial long-term value appreciation in a city poised for ongoing development.
Exterior Features

Construction Materials Board/BattenOther Garage YN No Parking Features CarportPaved Roof Other

Interior Features

Basement YN Yes Cooling ElectricOther Cooling YN Yes Heating Natural GasOther Unit Type Type 1 Bedroom2 Bedroom

Property Features

Age Description 101 Years/More Association Fee 0 Association Fee Frequency None Association YN No In Flood Plain Unknown Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Provided YN No Property Sub Type Apartment Sewer City/Public Tax Total Amount 33422 Utilities Cent Water HeaterMulti-Unit Heat/Air Water Source City/Public - Verify Zoning MF

Listing information © 2024 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Clemons Real Estate LLC.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Dani Beyer Real Estate | Keller Williams KC North do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-04-03T23:45:35.027.

Based on information submitted to the MLS GRID as of 2024-04-03T23:45:35.027 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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