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Oakside Apartments 10302 W 62nd St

60 Unit Apartment Building $7,250,000 ($120,833/Unit) Shawnee, KS 66203

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Investment Highlights

Beautifully Renovated Units (2021-2022)
Sizable Units
Close to Thriving Historic Downtown Shawnee

High Occupancy Submarket
Convenient for Commuters

Executive Summary

Oakside Apartments is a 60-unit garden apartment property one mile from the revitalized historic Downtown Shawnee and west of the I-35 and Shawnee Mission Parkway interchange. The property is stabilized and well-positioned for a long term hold. It is offered free and clear of existing debt.
Oakside Apartments enjoys a healthy mix of units with one- and two-bedroom floorplans, all of which are sizable as compared to the competition. The property has been extensively renovated with attractive finishes including quartz countertops, LVT flooring, stainless steel fittings and appliances. This combination of finishes provides a modern and durable aesthetic.

Oakside Apartments Flyer_FINAL

Property Facts

Price	$7,250,000	Lot Size	2.74 AC
Price Per Unit	$120,833	Building Size	51,000 SF
Sale Type	Investment	Average Occupancy	97%
No. Units	60	No. Stories	3
Property Type	Multifamily	Year Built/Renovated	1969/2022
Property Subtype	Apartment	Parking Ratio	1.27/1,000 SF
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$7,250,000
Price Per Unit	$120,833
Sale Type	Investment
No. Units	60
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	2.74 AC
Building Size	51,000 SF
Average Occupancy	97%
No. Stories	3
Year Built/Renovated	1969/2022
Parking Ratio	1.27/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.