3000 W Kellogg Dr, Wichita, KS 67213 (MLS # 649986)
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***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.
| DAYS ON MARKET | 104 | LAST UPDATED | 4/21/2025 |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | SCKMLS |
| COUNTY | Sedgwick | STATUS | Active |
| PROPERTY TYPE(S) | Commercial, Commercial |
| PRICE HISTORY | |
| Prior to Feb 24, '25 | $5,000,000 |
|---|---|
| Feb 24, '25 - Apr 21, '25 | $4,900,000 |
| Apr 21, '25 - Today | $4,500,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | SCKMLS |
| CONSTRUCTION | Frame |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Elevator |
| LOT | 2 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Parking Lot, Paved |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 6301.28 |
| UTILITIES | Electricity Available |
| WATER | Public |
| ZONING | General Office |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jemmima Wanjau, Jemmima International Realty, LLC
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