- Extraordinary Value-Add Upside with Interior Upgrade Package
- Prime Location in Leawood, KS – Extremely Rare Opportunity!
- Located within the Blue Valley School District – Highest Rated in the State!
- Lifestyle Location with Walkability
- Offered Free & Clear of Existing Debt
Extraordinary Value-Add Upside with Interior Upgrade Package Constructed in 1989, Leawood at State Line boasts its original interior finishes, which gives new ownership the incredible opportunity to achieve rent upside of $254 per unit monthly, with completion of interior upgrades and modernizations coupled with further continuity and improvement of the stabilized operations already in place. Cosmetic updates to the bathrooms combined with kitchen upgrades to areas such as the cabinetry, countertops, appliances coupled with new vinyl flooring and an upgraded lighting package throughout will enable the new buyer to push annual rental income by over $750,000!
Prime Location in Leawood, KS – Extremely Rare Opportunity! With an incredibly rich history and storied past based in deep-rooted community traditions, Leawood, Kansas is perhaps best known as a premier residential community that features inviting mix of elegant established neighborhoods, high-profile developments, and distinctive office buildings. The tight-knit community offers small-town living at its very finest with all the appeal and major conveniences of a big city without the hassle.
Picturesque parks and idyllic streets lined with sidewalks set the tone of the entire town, which notably received an A+ from Niche along with #1 ratings in the following categories state-wide:
- Places with the Best Public Schools in Kansas
- Best Suburbs to Raise a Family in Kansas City
- Suburbs with the Best Public Schools in Kansas
Quick Facts & Figures:
- High Median Home Value: $463,000
- High Median Rent: $1,619
- High Median Household Income: $157,515
- Surrounded by A+ Retail and Dining
