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The Station Lofts at the Riverfront 1100 N 2nd St 148 Unit Apartment Building $17,000,000 ($114,865/Unit) 7.16% Cap Rate Leavenworth, KS 66048

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INVESTMENT HIGHLIGHTS

  • Historic Rehab, gut renovation, tons of exposed brick and wood
  • Adjacent to Fort Leavenworth military base

EXECUTIVE SUMMARY

FSBO
gut renovated historic rehab in 2019 with tons of exposed wood and brick
Adjacent to Fort Leavenworth military base
Adjacent to the Missouri River

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $1,957,091 $9.81
Other Income $100,000 $0.50
Vacancy Loss - -
Effective Gross Income $2,057,091 $10.32
Taxes - -
Operating Expenses - -
Total Expenses $840,468 $4.21
Net Operating Income $1,216,623 $6.10

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual $1,957,091
Annual Per SF $9.81
Other Income
Annual $100,000
Annual Per SF $0.50
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $2,057,091
Annual Per SF $10.32
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $840,468
Annual Per SF $4.21
Net Operating Income
Annual $1,216,623
Annual Per SF $6.10

PROPERTY FACTS

Price $17,000,000
Price Per Unit $114,865
Sale Type Investment
Cap Rate 7.16%
No. Units 148
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 4.12 AC
Building Size 199,402 SF
Average Occupancy 93%
No. Stories 4
Year Built/Renovated 1926/2019
Parking Ratio 1.75/1,000 SF
Opportunity Zone Yes
Zoning RMX - Residential mixed use

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Double Vanities
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Carpet
  • Wi-Fi
  • Yard
  • Grill
  • Double Pane Windows
  • Handrails
  • Lawn
  • Loft Layout
  • Patio
  • Smoke Free
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Fitness Center
  • Property Manager on Site
  • Grill
  • Wheelchair Accessible
  • Pet Play Area
  • Renters Insurance Program
  • Smoke Free
  • Vintage Building
  • Wi-Fi
  • Storage Space
  • Bicycle Storage
  • Elevator
  • Maintenance on site
  • Individual Locking Bedrooms
  • Fiber Optic Internet

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 4 - 526
1+1 115 - 608 - 650
2+1 13 - 815
2+2 16 - 918

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
077-25-0-20-05-001.00-0
Land Assessment
$58,124
Improvements Assessment
$1,530,808
Total Assessment
$1,588,932
  • Listing ID: 35493215

  • Date on Market: 4/15/2025

  • Last Updated:

  • Address: 1100 N 2nd St, Leavenworth, KS 66048

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