Homes for sale - 3000 W Kellogg Dr, Wichita, KS 67213

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Kelly Spangler

kespangler@att.net +1(316) 358-1497

Listed by Jemmima Wanjau • Jemmima International Realty, LLC

$ 4,500,000

Est. payment | -/mo

2 Acres Lot

Save

$ 4,500,000

Est. payment | -/mo

Save

2 Acres Lot

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(316) 358-1497

kespangler@att.net

2828 W. Benjamin Dr, Wichita, Kansas, 67204, USA

3000 W Kellogg Dr Wichita, KS 67213