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Stonleigh Court – Apartment *Active*

Leavenworth, Kansas

Stonleigh Apartments consist of 156 units in Leavenworth, KS within the Kansas City metro.  It’s two campuses, East and West.  East Campus is 108 units.  West Campus is 48 units.

 

PROPERTY FACTS

Price                 $11,450,000       

Price / Unit      $73,397   

Cap Rate          6%           

Sale Type    Investment       

Status        Active

Number of Properties    2

 Individually For Sale        0

Total Building Size     167,300SF

Total Land Area        12.51 AC

 

PROPERTIES

PROPERTY NAME / ADDRESS               PROPERTY TYPE    SIZE          YEAR BUILT    PRICE

Stonleigh CT

1331 Stonleigh Ct, Leavenworth, KS   Multifamily        167, 300SF        1969           $11,450,000

 

TAXES & OPERATING EXPENSES (PRO FORMA – 2020)     ANNUAL

Gross Rental Income                            $1,607,466

Other Income                                         $54,100

Vacancy Loss                                          $-241,120

Effective Gross Income                        $1,420,466

Operating Expenses                              $207,382

Total Expenses                                       $-687,975

Net Operating Income                          $685,671