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Heritage Apartments 2312 N 155th St 12 Unit Apartment Building $1,350,000 ($112,500/Unit) 7.40% Cap Rate Basehor, KS 66007
Executive Summary
Ten 2bd units with $1200 to 1$300/mo proven leaves strong mark-to-market among remaining units. Washer and dryer in basement, separate electric and gas, balconies, pitched roofs, desirable 1980s construction. Strong incomes, low crime, and a tight-knit community
make Basehor one of those submarkets where good tenants
stay put. You're minutes from The Legends and right in the
path of everything the new Chiefs stadium is going to do to
that I-70 corridor. Leavenworth County keeps growing and
there's not much new product coming, leading to strong
rents and occupancy. On top of the 12 units, there's an
additional parcel that could potentially be built on, giving
the next owner something to work with down the road.
make Basehor one of those submarkets where good tenants
stay put. You're minutes from The Legends and right in the
path of everything the new Chiefs stadium is going to do to
that I-70 corridor. Leavenworth County keeps growing and
there's not much new product coming, leading to strong
rents and occupancy. On top of the 12 units, there's an
additional parcel that could potentially be built on, giving
the next owner something to work with down the road.
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Property Facts
| Price | $1,350,000 | Apartment Style | Low-Rise |
| Price Per Unit | $112,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.99 AC |
| Cap Rate | 7.40% | Building Size | 10,608 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 1.5/1,000 SF |
| Zoning | PR | ||
| Price | $1,350,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.99 AC |
| Building Size | 10,608 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | PR |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 158-34-0-40-01-004.00-0 | Improvements Assessment | $125,907 |
| Land Assessment | $13,679 | Total Assessment | $139,586 |
Property Taxes
Parcel Number
158-34-0-40-01-004.00-0
Land Assessment
$13,679
Improvements Assessment
$125,907
Total Assessment
$139,586
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Heritage Apartments | 2312 N 155th St
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