3000 W Kellogg Dr Active Save Request In-Person Tour Request Virtual Tour
Wichita,KS 67213
Key Details
Property Type Commercial
Sub Type Commercial Service
Listing Status Active
Purchase Type For Sale
MLS Listing ID SCK649986
Originating Board sckansas
Year Built 1963
Annual Tax Amount $6,301
Tax Year 2024
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Commercial Service
Property Description
***Price Improved***Exclusive Investment Opportunity – Lofts by Viewpoint on W Kellogg, Wichita, KS Lofts by Viewpoint represents a rare opportunity to acquire a newly renovated, income-generating property in one of Wichita's most sought-after locations. This exceptional investment has been reimagined from a former office building into 27 luxurious apartment units, offering superior quality and modern design. Fully upgraded and compliant with the latest building codes as of November, this asset is both turnkey and poised for immediate profitability. The property is ready to generate immediate income from day one, with no further capital required. Comprehensive renovations have included the installation of new electrical, plumbing, HVAC systems, and fire and sprinkler systems, ensuring that it is both safe and efficient. High-end interior finishes, including granite countertops, soft-close luxury cabinetry, LVP flooring, and LED ceiling fans, provide an elevated living experience that will appeal to tenants. Additionally, the property offers supplemental income potential with 8 washers and dryers on-site, generating additional revenue and enhancing tenant satisfaction. Its prime location near Newman University and Friends University ensures consistent demand from students, faculty, and professionals. This strategic investment offers outstanding returns, with a cap rate that provides lower risk and more stable profits. Lofts by Viewpoint provides a robust, low-maintenance asset with substantial income potential, driven by its modern amenities and exceptional tenant appeal. This is an opportunity to secure long-term wealth in a market with sustained demand. Lofts by Viewpoint offers a unique opportunity for the discerning investor seeking to expand their portfolio with a high-quality asset that promises both immediate returns and long-term value. Let us assist you in making this premier property part of your distinguished portfolio.
Location
State KS
County Sedgwick
Area 18824
Zoning General Office
Direction US-400 W/US-54 W ,Take the Meridian Ave exit toward Edwards St, Keep right at the fork, follow signs for Edwards and merge onto SEdwards Ave/Edwards Ct, Turn left onto W Univ Ave/W University St, Turn left onto S St Paul St, Turn right onto W Taft Ave, Turn left onto SSheridan St and destination will be on the left.
Interior
Heating Forced Air,Natural Gas
Cooling Central Air,Electric
Flooring Concrete Slab,Other - See Remarks
Fireplace No
Heat Source Forced Air,Natural Gas
Exterior
Garage Description Parking Area,Parking Lot,Parking Over 25,Paved
Utilities Available Electricity Available,City Water,City Sewer
View Y/N Yes
Roof Type Flat
Street Surface City Secondary,Private Road
Building
Story 2
Structure Type Frame,Pre-Fab,Other - See Remarks
Others
Miscellaneous Elevator,Fire Escape,Fire Alarm,Security Systems,Wet Sprinkler System,Other/See Remarks
Acceptable Financing Other - See Remarks
Listing Terms Other - See Remarks