3000 W Kellogg Dr Active Save Request In-Person Tour Request Virtual Tour
Wichita,KS 67213
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,824 sqft
Price per Sqft $208
MLS Listing ID SCK649677
Style High Rise
Year Built 1963
Annual Tax Amount $6,301
Tax Year 2024
Property Sub-Type Multi Family
Property Description
***Price Improved***Exclusive Investment Opportunity – Lofts by Viewpoint on W Kellogg, Wichita, KS Lofts by Viewpoint represents a rare opportunity to acquire a newly renovated, income-generating property in one of Wichita's most sought-after locations. This exceptional investment has been reimagined from a former office building into 27 luxurious apartment units, offering superior quality and modern design. Fully upgraded and compliant with the latest building codes as of November, this asset is both turnkey and poised for immediate profitability. The property is ready to generate immediate income from day one, with no further capital required. Comprehensive renovations have included the installation of new electrical, plumbing, HVAC systems, and fire and sprinkler systems, ensuring that it is both safe and efficient. High-end interior finishes, including granite countertops, soft-close luxury cabinetry, LVP flooring, and LED ceiling fans, provide an elevated living experience that will appeal to tenants. Additionally, the property offers supplemental income potential with 8 washers and dryers on-site, generating additional revenue and enhancing tenant satisfaction. Its prime location near Newman University and Friends University ensures consistent demand from students, faculty, and professionals. This strategic investment offers outstanding returns, with a cap rate that provides lower risk and more stable profits. Lofts by Viewpoint provides a robust, low-maintenance asset with substantial income potential, driven by its modern amenities and exceptional tenant appeal. This is an opportunity to secure long-term wealth in a market with sustained demand. Lofts by Viewpoint offers a unique opportunity for the discerning investor seeking to expand their portfolio with a high-quality asset that promises both immediate returns and long-term value. Let us assist you in making this premier property part of your distinguished portfolio.
Location
State KS
County Sedgwick
Interior
Heating Forced Air
Cooling Electric
Exterior
Garage Description More than 2 per Unit,Paved
Utilities Available Natural Gas Available,Sewer Available
View Y/N Yes
Roof Type Other
Building
Structure Type Brick,Other
Schools
Elementary Schools Lawrence
Middle Schools Marshall
High Schools West
School District Wichita School District (Usd 259)