600 Shawnee Street

Leavenworth, KS 66048

$3,750,000
Price
—
Beds
52,560 Sq. Ft.
$71 / Sq. Ft.
52,560
Sq. Ft.
$71
per Sq. Ft.

Description

SEE offering Memorandum in Supplements for more information! CHECK out this Opportunity to scale your investment goals with a modest out of pocket down payment and generous lease to own terms. As a new operator you can realize the potential of this well built unique and beautiful asset. Multiple income streams possible as Student Housing, Military Housing, Boutique Hotel and Residences. This Unique Apartment Building Opportunity in Historic Leavenworth, KS is currently operating as a mix-use hotel...SEE offering Memorandum in Supplements for more information! CHECK out this Opportunity to scale your investment goals with a modest out of pocket down payment and generous lease to own terms. As a new operator you can realize the potential of this well built unique and beautiful asset. Multiple income streams possible as Student Housing, Military Housing, Boutique Hotel and Residences. This Unique Apartment Building Opportunity in Historic Leavenworth, KS is currently operating as a mix-use hotel & apartment building, this property offers the extraordinary potential to be transformed into a thriving residential community with 45 mix-use units. The Leavenworth Local is perfectly positioned within a vibrant and revitalized community. The surrounding downtown district blends historic charm with contemporary developments, offering residents easy access to boutique shops, popular dining, and cultural attractions. This central location provides convenient access to major roadways and public transportation, making it an ideal living space for those who appreciate convenience and a lively neighborhood. Versatile Amenities: The building is equipped with a range of amenities designed to enhance resident experience, including a salon, bar, auditorium, gym, and pickle ball court. Modern Utilities: Each unit features electric mini splits for heating and air conditioning, individual hot water heaters, and access to a leased laundry facility. WiFi is provided through a service contract, ensuring convenience for all residents. Sustainable Energy: The property benefits from a solar buy-back agreement, contributing to energy efficiency and appealing to environmentally-conscious tenants. Seller to provide amortization schedule.
  1. Listed by Andrea Wardell • Wardell & Holmes Real Estate • 816-806-9492

Property Details for 600 Shawnee Street

Zoning
RMX
LISTING UPDATED: 09/05/2024 11:50 AM

Property Details for 600 Shawnee Street

StatusActive
MLS #2507611
Days on Market81
Taxes$6,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built-
CountyLeavenworth County

Building Information for 600 Shawnee Street

Building/Complex600 Shawnee StFloor-Stories3Residences45Pet Policy-Year Built-Building Size-

Property Information for 600 Shawnee Street

Summary
Location and General Information
  • City: Leavenworth
  • County Or Parish: Leavenworth
  • Directions: Take exit 224B toward KS-7 N onto US-24 W/US-40 W/US-73 N (N 130th St). Go for 15.5 mi. Then 15.5 miles Turn left onto Spruce St (KS-92). Go for 0.3 mi. Then 0.3 miles Turn right onto S 7th St. Go for 0.6 mi. Then 0.6 miles Turn right onto Shawnee St. Go for 351 ft.
  • Latitude: 39.31882
  • Longitude: -94.917741
  • MLS Area Major: 427 - N=Lv Co Ln;S=Co Rd 8;E=Mo Rvr;W=Lv Co Ln
  • Zip Code: 66048
  • State Or Province: KS
  • Subdivision: Other
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: Yes
  • Tax Special Amount: 0
  • Tax Annual Amount: $6,000.00
  • Parcel Number: 077-25-0-33-10-004.00-0
  • Tax Annual Amount: $6,000.00
School Information
  • High School District: Leavenworth
Parking
  • Garage: No
  • Parking Features: Off Street, Paved
  • Parking Total: 66.0
Property
Lot Information
  • Accessibility Features: Accessible Bathroom, Accessible Bedroom
  • Building Area Total: 52560.0
  • Lot Size Area: 72,000.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 72,000.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick, Stone Trim
  • Documents Available: Financial Details, Inventory/Furnishing, Lease Agreements, Service Contracts
  • Documents Count: 3
  • Age Description: 101 Years/More
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: See Legal Description Addendum
  • Special Documents Required YN: 1
  • Type Of Management: On-Site Mgmt
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 56
Utilities
  • Sewer: City/Public
  • Utilities: Ind Water Heaters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Community Center, Pickleball Court(s)
  • Package: No
  • Laundry Features: Central Laundry, Inside
  • Possession: Other
  • Road Surface Type: Paved
  • Roof: Composition, Tar/Gravel
Interior Features
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, 2 Bedroom, Efficiency
  • Cooling: Other, Solar
  • Central Air YN: Yes
  • Heating: Other, Radiant, Solar
  • Telecommunications: Fiber - Available
  • Interior Features: Common Entry, Exercise Room, Private Entry, Prt Window Cover
  • Stories Total: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 45
Income & Expenses
  • Gross Income: $567,075.00
  • Maintenance Provided YN: No
  • Operating Expense: $239,070.00
  • Operating Expense Includes: Accounting, Advertising, Electricity, Exterminator, Legal, Maintenance, Insurance, Property Mgmt, Real Estate Tax, Supplies, Water/Sewer
Unit 1
  • Unit Type: Type: Studio
  • Unit Type: Units Total: 8
Unit 2
  • Unit Type: Type: Apartments
  • Unit Type: Units Total: 18
Unit 3
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 18
Unit 4
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 1
Rental
Rent Information
  • Current Occupancy Rate: 80-90%
  • Deposit: Alliance Title
  • Existing Lease Terms: Daily, Month To Month, One Year Lease
  • Security Features: Fire Alarm, Security System, Smoke Detector(s), Fire Sprinkler System

Property History for 600 Shawnee Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 600 Shawnee Street

Taxable ValueLand$11,362Additions$492,885Total$504,247
Tax Record2023$72,321 ($6,027 / month)
Home Facts
Total Finished SqFt37,134 SqFtAbove Grade Finished SqFt36,734 SqFtFinished Basement SqFt400 SqFtStories2Lot Size71,874 SqFtStyleHotel / MotelYear Built1923CountyLEAVENWORTHAPN077-25-0-33-10-004.00-0

Schools near 600 Shawnee Street

This home is within Leavenworth School District.
Rating
School
Type
Grades
Distance
Earl Lawson Elementary School
Public - PK to 5
Richard Warren Middle School
Public - 7 to 8
Leavenworth Sr High School
Public - 9 to 12
Leavenworth Virtual School
Public - K to 8
Rating
School
Distance
Earl Lawson Elementary School
PublicPK to 5

Richard Warren Middle School
Public7 to 8

Leavenworth Sr High School
Public9 to 12

Leavenworth Virtual School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 600 Shawnee Street, Leavenworth, KS 66048

600 Shawnee Street is a multi-family home for sale in Leavenworth, KS 66048. This property was listed for sale on September 4, 2024 by Wardell & Holmes Real Estate, it's currently listed at $3,750,000. This listing's school district is Leavenworth School District. Nearby schools include Earl Lawson Elementary School, Richard Warren Middle School and Leavenworth Sr High School. 600 Shawnee Street is a 0-bed, 0-bath, 52,560 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wardell & Holmes Real Estate

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.