$1,950,000/mo

720 Ottawa Street, Leavenworth, KS 66048

  • Property Icon Rental
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Coachlamp Apartments is an 18-unit multifamily community offering a compelling blend of immediate cash flow and long-term upside. Ideally located just minutes from Fort Leavenworth, the property benefits from a steady rental base and strong demand. Ten units have been fully renovated with modern finishes, while the remaining units present clear value-add potential for investors seeking to increase NOI. Coachlamp is positioned near local retail, dining, and major thoroughfares, offering both convenience and connectivity. With rising rental income, stable occupancy, and recent capital improvements, this asset is an ideal fit for investors targeting growth in a solid Midwestern market. Incredible investment opportunity! The rent range has been increased from $400-$750/month to $850-$1,150/month with more room to grow! Tenants pay their own electric and gas bills as well as a utility package for water, trash, and pest control. Tenants are on yearly leases and do not pay for lawn care or snow removal. A security camera system is installed and remains with the property. Professional property management is in place, and service can be retained at the time of sale. There is an in-ground pool with this property that needs some work.

Listing Status:
Active
Listing Office:
Platinum Realty LLC : 888-220-0988
Listing Agent:
Jessica Magaha : 913-748-6213
MLS ID:
2548228
  • Appliances: DishwasherMicrowaveRefrigeratorBuilt-In Electric Oven
  • Laundry: Central LaundryUtility Room
  • A/C: Electric
  • Heating: Forced Air
  • General: Private Entrance
  • Other Structures: Patio
  • Pool: In Ground
  • Parking: Off Street
  • Roofing: CompositionTar/Gravel
  • Road/Access: Paved
  • HOA Amenities: Pool0.0
  • Originating MLS: hmls
  • School District: Leavenworth
  • County: Leavenworth
  • Zoning: R16DAY & MACAULAY'S SUBS26T08R22EBLOCK 99ALL LTS 6-11 & TRCT BEG NW COR LT5E48'S125.8'WLY22'SLY63'W27'N125 TO POB077-26-0-41-06-021.01-0
  • Utilities: Ind Heat And AirInd Water Heaters
  • Water: Public
  • Sewer: Public Sewer
  • Source: hmls

This listing courtesy of Jessica Magaha, Platinum Realty LLC

Location

Schools Nearby

L

Leavenworth Virtual School

1000 3rd Ave, Leavenworth, KS, 66048

Grades KG-8

1.12 miles away

L

Leavenworth Virtual School

1000 3rd Ave, Leavenworth, KS, 66048

Grades KG-8

1.12 miles away

L

Leavenworth High School

2012 10th Ave, Leavenworth, KS, 66048

Grades 10-12

1.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.