$3,750,000
PENDING

600 Shawnee St Leavenworth, KS 66048

Estimated payment $20,480/month

Total Views 3,917
-- Bed
-- Bath
52,560 Sq Ft
$71 Price per Sq Ft

Highlights

  • 72,000 Sq Ft lot
  • No HOA
  • Home Gym
  • Radiant Floor
  • Community Center
  • Cooling Available

About This Home

SEE offering Memorandum in Supplements for more information! CHECK out this Opportunity to scale your investment goals with a modest out of pocket down payment and generous lease to own terms.
As a new operator you can realize the potential of this well built unique and beautiful asset. Multiple income streams possible as Student Housing, Military Housing, Boutique Hotel and Residences.
This Unique Apartment Building Opportunity in Historic Leavenworth, KS is currently operating as a mix-use hotel & apartment building, this property offers the extraordinary potential to be transformed into a thriving residential community with 45 mix-use units.
The Leavenworth Local is perfectly positioned within a vibrant and revitalized community. The surrounding downtown district blends historic charm with contemporary developments, offering residents easy access to boutique shops, popular dining, and cultural attractions. This central location provides convenient access to major roadways and public transportation, making it an ideal living space for those who appreciate convenience and a lively neighborhood.

Versatile Amenities: The building is equipped with a range of amenities designed to enhance resident experience, including a salon, bar, auditorium, gym, and pickle ball court. Modern Utilities: Each unit features electric mini splits for heating and air conditioning, individual hot water heaters, and access to a leased laundry facility. WiFi is provided through a service contract, ensuring convenience for all residents.
Sustainable Energy: The property benefits from a solar buy-back agreement, contributing to energy efficiency and appealing to environmentally-conscious tenants. Seller to provide amortization schedule.

Listing Agent

Andrea Buettner-Wardell

Wardell & Holmes Real Estate Brokerage Phone: 816-806-9492 License #2008031950 Listed on: 09/04/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,000

Lot Details

  • 1.65 Acre Lot
  • Private Entrance
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Stone Trim

Interior Spaces

  • 52,560 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Home Gym
  • Radiant Floor
  • Basement

Kitchen

  • Cooktop
  • Dishwasher

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 66 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Eco-Friendly Details

  • Heating system powered by solar connected to the grid
  • Cooling system powered by active solar

Additional Features

  • Accessible Bedroom
  • Cooling Available

Listing and Financial Details

  • Assessor Parcel Number 077-25-0-33-10-004.00-0
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 45 Units

Additional Features

  • Community Center
  • Gross Income $567,075
  • Building Fire Alarm

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Andrea Wardell
  • Listing Service: Full Service
  • List Office Mls Id: HMSVWLLC
  • List Office Name: Wardell & Holmes Real Estate
  • List Office Phone: 816-416-7111
  • Mls Status: Pending
  • Operating Expense: 239070
  • Age Description: 101 Years/More
  • Tax Special Amount: 0
  • Tax Total Amount: 6000
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 1
  • Package: No
  • Attribution Contact: 816-806-9492
  • Special Features: None

Interior Features

  • Interior Amenities: Common Entry, Exercise Room, Private Entry, Prt Window Cover
  • Accessibility Features: Accessible Bathroom, Accessible Bedroom
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Laundry Features: Central Laundry, Inside
  • Stories: 3

Exterior Features

  • Roof: Composition, Tar/Gravel
  • Construction Materials: Brick, Stone Trim
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 66

Utilities

  • Cooling: Other, Solar
  • Heating: Other, Radiant, Solar
  • Sewer: City/Public
  • Utilities: Ind Water Heaters
  • Cooling: Yes
  • Security Features: Fire Alarm, Security System, Smoke Detector(s), Fire Sprinkler System
  • Water Source: Public
  • Telecom: Fiber - Available

Condo/Co-op/Association

  • Association Amenities: Community Center, Pickleball Court(s)
  • Association Fee Frequency: None
  • Type Of Management: On-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Alliance Title

Schools

  • Junior High Dist: Leavenworth

Lot Info

  • Zoning: RMX
  • Building Area Total: 52560
  • Lot Size Area: 72000
  • Lot Size Sq Ft: 72000
  • Parcel Number: 077-25-0-33-10-004.00-0
  • Subdivision Name: Other
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 45

Rental Info

  • Existing Lease Terms: Daily,Month To Month,One Year Lease

Multi Family

  • Gross Income: 567075
  • Current Occupancy Rate: 80-90%
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 6000
  • Tax Abatement YN: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $72,321 $371,037 $11,362 $359,675
2023 $72,321 $590,316 $15,338 $574,978
2022 $72,683 $590,316 $15,338 $574,978
2021 $70,448 $546,588 $14,113 $532,475
2020 $2,291 $3,762 $2,597 $1,165
2019 $1,638 $3,762 $2,597 $1,165
2018 $442 $3,762 $2,597 $1,165
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $3,750,000 -- $71 / Sq Ft
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Mccaffree-Short Title Co Inc
Source: Public Records

Source: Heartland MLS

MLS Number: 2507611

Heartland MLS

APN: 077-25-0-33-10-004.00-0