Overland Park, KS 66212,8313 Lowell AVE
Overland Park, KS 66212,8313 Lowell AVE
Overland Park, KS 66212,8313 Lowell AVE
17
Listed by Michelle Lutz • Lutz Sales + Investments
$4,625,000
$4,625,000
Est.Price: ?

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1.73 Acres Lot

8313 Lowell AVE Overland Park, KS 66212

Est. payment /mo
SOLD DATE : 10/02/2024

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Key Details

Sold Price $4,625,000

Property Type Single Family Home

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2483713

Sold Date 10/02/24

Originating Board hmls

Year Built 1961

Annual Tax Amount $31,294

Lot Size 1.734 Acres

Acres 1.733563

Property Description

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.

Location

State KS

County Johnson

Zoning R-1-4

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Exterior

Parking Features false

Utilities Available Separate Meters

Roof Type Composition

Building

Story 2

Sewer City/Public

Water City/Public - Verify

Structure Type Brick Veneer,Concrete

Schools

School District Shawnee Mission

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Heartland MLS KS / Southeast Kansas AOR

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Shawnna Murrell

Owner | Managing Broker

+1(816) 651-7512

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