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Leavenworth,KS 66048
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2548228
Year Built 1980
Annual Tax Amount $17,103
Lot Size 2,614 Sqft
Property Sub-Type Apartment
Property Description
Coachlamp Apartments is an 18-unit multifamily community offering a compelling blend of immediate cash flow and long-term upside. Ideally located just minutes from Fort Leavenworth, the property benefits from a steady rental base and strong demand. Ten units have been fully renovated with modern finishes, while the remaining units present clear value-add potential for investors seeking to increase NOI. Coachlamp is positioned near local retail, dining, and major thoroughfares, offering both convenience and connectivity. With rising rental income, stable occupancy, and recent capital improvements, this asset is an ideal fit for investors targeting growth in a solid Midwestern market.
Incredible investment opportunity! The rent range has been increased from $400-$750/month to $850-$1,150/month with more room to grow! Tenants pay their own electric and gas bills as well as a utility package for water, trash, and pest control. Tenants are on yearly leases and do not pay for lawn care or snow removal. A security camera system is installed and remains with the property. Professional property management is in place, and service can be retained at the time of sale. There is an in-ground pool with this property that needs some work.
Location
State KS
County Leavenworth
Zoning R16
Interior
Heating Forced Air
Cooling Electric
Laundry Central Laundry,Utility Room
Exterior
Exterior Feature Private Entrance
Parking Features false
Pool In Ground
Utilities Available Ind Heat And Air,Ind Water Heaters
Amenities Available Pool
Roof Type Composition,Tar/Gravel
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar
Schools
School District Leavenworth
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other