- Rare Assumable Fixed-Rate Loan Offering | 3.92% Through 2032
- Highly Constrained Supply + Compelling Rent Growth Potential
- Premier Walkable Downtown Location
- Consistent, Diverse Renter Demand Anchored by Major Employment Drivers
- Strategic Regional Connectivity to KC Metro
- Strong Surrounding Demographic Profile
- Timeless Historic Character with Modern Living
Rare Assumable Fixed-Rate Loan Offering | 3.92% Through 2032
Investors have the rare opportunity to assume a highly favorable Fannie Mae loan featuring a $16.7 million balance, a below-market fixed rate of 3.92%, and a maturity date in April 2032. This exceptional financing structure delivers immediate interest savings, protects against future rate increases, and significantly boosts leveraged cash flow and returns. The asset can also be acquired free and clear for investors seeking custom debt solutions.
Highly Constrained Supply + Compelling Rent Growth Potential
Leavenworth’s multifamily market remains significantly undersupplied, with virtually no new Class A inventory added in recent years and no future deliveries planned. In-place rents at Stove Lofts trail comparable properties in neighboring Platte and Wyandotte Counties by $300 to $500 per unit, offering clear, measurable mark-to-market upside and long-term rent appreciation potential.
Premier Walkable Downtown Location
Ideally located in Leavenworth’s historic downtown district, Stove Lofts provides residents with walkable access to a growing collection of local dining, boutique retail, cultural attractions, and riverfront parks. The continued revitalization of the downtown area supports a vibrant live-work-play environment that appeals to professionals, military personnel, and lifestyle renters alike.
