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Leavenworth/Lansing 124 Unit- KC MSA 3 Multifamily Properties Offered at $16,033,486 CAD in Multiple Locations

Investment Highlights
- 1980s
- Fee Income Opportunity- Garages and Covered Parking
- Majority 2BD with Separate Water Meters
Executive Summary
Three well-maintained 1980s assets, one compelling opportunity. This 124-unit portfolio sits at the heart of the Leavenworth/Lansing submarket — a Kansas City metro corridor anchored by Fort Leavenworth, the VA Medical Center, the U.S. Federal Penitentiary, the Lansing Correctional Facility, and a diversified government employment base that performs through cycles. This Submarket boasts a higher than average median household income of $83k+. Collectively 97%+ occupied with zero new supply in the pipeline, the portfolio offers structural occupancy protection from day one. With units in classic and renovated condition, a new owner inherits a cash flowing asset with options for continued growth. The regional momentum is equally compelling — the portfolio sits just minutes from the rapidly growing Legends corridor in Wyandotte County, where the Kansas City Chiefs are building a $3 billion domed stadium set to open for the 2031 NFL season, projected to generate over 20,000 jobs and $4.4 billion in economic impact for Kansas. Solid bones, strong occupancy, and a market on the rise — this portfolio checks every box. Management can stay on, making this a true turn-key cash flowing asset!
124 units across three properties Strong Occupancy
Day 1 Cash Flow
Desirable 1980s bones
Separate Water/Electric/Gas meters across most units Strong Demand Drivers
Zero New Supply
Majority two bedroom units
124 units across three properties Strong Occupancy
Day 1 Cash Flow
Desirable 1980s bones
Separate Water/Electric/Gas meters across most units Strong Demand Drivers
Zero New Supply
Majority two bedroom units
Data Room Click Here to Access
Property Facts
| Price | $16,033,486 CAD | Number of Properties | 3 |
| Price / SF | $164.89 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.42% | Total Building Size | 97,239 SF |
| Sale Type | Investment | Total Land Area | 7.29 AC |
| Status | Active |
| Price | $16,033,486 CAD |
| Price / SF | $164.89 CAD / SF |
| Cap Rate | 7.42% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 97,239 SF |
| Total Land Area | 7.29 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 804 N Main St, Lansing, KS 66043 | Multifamily | 8,152 SF | 1980 | - |
|
Riverfront
920 N 2nd St, Leavenworth, KS 66048 |
Multifamily | 62,043 SF | 1987 | - |
| 501 Vilas St, Leavenworth, KS 66048 | Multifamily | 27,044 SF | 1985 | - |
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Leavenworth/Lansing 124 Unit- KC MSA
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