8313 Lowell Avenue, Overland Park, KS 66212 (MLS # 2483713)

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PRICE $4,625,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 7,344 sqft
LOT SIZE 1.73 ac

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.

DAYS ON MARKET 16 LAST UPDATED 5/3/2024
TRACT Other YEAR BUILT 1961
COMMUNITY 998 - Other Kansas Area COUNTY Johnson
STATUS Active PROPERTY TYPE(S) Residential Income

SCHOOLS
School District Shawnee Mission

PRICE HISTORY
Prior to May 3, '24 $4,810,000
May 3, '24 - Today $4,625,000


ADDITIONAL DETAILS
AIR Electric
AIR CONDITIONING Yes
AREA 998 - Other Kansas Area
BUYER'S BROKERAGE COMPENSATION 0
CONSTRUCTION Brick Veneer, Concrete
HEAT Forced Air
LOT 1.73 acre(s)
PARKING Off Street, Paved
STORIES 2
SUBDIVISION Other
TAXES 31294
ZONING R-1-4
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Lutz Sales + Investments
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