1903 W 25th St | Lawrence, KS 66046
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- LoopNet Team
1903 W 25th St
Lawrence, KS 66046
The Hamilton Apartments · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Above market cap rate | Conservative 2024 Budget
- Adjacent to brand new Scooters Coffee and 1 block from First Watch, McLain's Bakery, BWW, Nothing Bundt Cakes. etc.
- Over 1,500 video views of available units in less than one week.
- Located off two major thoroughfares | Located on KU Bus Route
- Significant upside through leasing at market rates given significant demand
- Potential master lease to 100% occupancy at closing.
PROPERTY FACTS
| No. Units | 28 | Building Size | 41,367 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.76/1,000 SF |
| Lot Size | 1.10 AC | ||
| Zoning | RM-32 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 41,367 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | RM-32 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Carpet
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Recycling
- Bicycle Storage
- Maintenance on site
- Online Services
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 28 | $950.00 | 890 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $139,014 | |
| Land Assessment | $28,684 | Total Assessment | $167,698 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$28,684
Improvements Assessment
$139,014
Total Assessment
$167,698
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