8313 Lowell Avenue, Overland Park, KS 66212

$4,625,000
List Price
$4,625,000
Price Change
▼ $185,000 1714787592
MLS#
2483713
Status
ACTIVE
Type
Multifamily
Acres
1.73
Subdivision
Other

Property Description

Overland Park is an A-class submarket in Johnson County, Kansas. Known for its high quality of life and great schools, Overland Park always has strong renter demand. The 37-unit garden style Royal Court Apartments is in the heart of Overland Park within the Shawnee Mission West School District. Ample parking rings the property exterior while the interior features a large courtyard with a fenced pool. The property contains a nearly even mix of 18 large two-bedroom 1.5 bath units and 19 one-bedroom one bath units. The Royal court’s oversized units all have central heat and air and a large balcony overlooking the courtyard. Ten of the 37 units have received modest updates, giving the new owner the chance to achieve significant income upside via several viable value-add avenues.

Additional Information

Year Built
1961
School District
Shawnee Mission
Basement
Yes
Roof
Composition
Central Air
Electric
Sewer
City/Public
Construction
Brick Veneer, Concrete
Cooling
Electric
Heating
Forced Air
Taxes
$31,294
Zoning
R-1-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use