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… Read More 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. Read Less
Listing courtesy of Platinum Realty LLC 888-220-0988
Listing Snapshot
Days Online
130
Last Updated
Property Type
Apartment
Lot Size
0.06 Acres
Year Built
1980
MLS Number
HMS2548228
Additional Details
Appliances & Equipment
Description: "Dishwasher", "Microwave", "Refrigerator", "Built-In Electric Oven"
Building
Construction Materials: "Brick/Mortar", Year Built: 1980
Listings courtesy of Heartland MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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