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Betty Moritz, Sales Associate
SOLD
$1,300,000
Date 07/27/2023

8443-49 Lowell Avenue
Overland Park, KS 66212

Apartment
Residence
0.4753
Lot Size
The Pines Ten is a centrally located 10 unit in the highly sought after high income submarket of Overland Park. Walk to the charming downtown with its shops and restaurants and enjoy an upscale tenant base that appreciates Johnson County and all its amenities. These 10 units are spread across two adjacent buildings that were constructed in mid 1960's on the corner of 85th and Lowell. All of the units are 2 bedroom and 1 bath with a living area, kitchen, deck or patio. Five of the ten units were beautifully renovated with high end finishes and new stainless steel appliances. Renovated units have washer dryer in unit. Both buildings also have common laundry in the basements with additional storage spaces for tenant use. A parking lot behind both buildings has been recently resurfaced and is in great condition. All major cap ex completed. Enjoy the cash flow from the Class A location and benefit from the natural appreciation of the area. Manage yourself or hire third party property management. Continue to renovate units as they become vacant or keep as is with its 100% occupancy. All utilities are separated metered. Landlord pays trash only.
2431693
Apartment, 2 Story
Johnson, KS
1963
0.4753 Acres
City/Public - Verify
2
Brick Veneer,Vinyl siding
City/Public
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Transit Score

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