Realty Executives Weis Real Estate Company

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720 Ottawa Street
Leavenworth KS 66048

$1,950,000

Active 5/8/2025 12:00:00 AM<br/> Listing ID 2548228
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Built in 1980
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Apartment

$1,950,000

Active 05/08
Listing ID 2548228
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720 Ottawa Street Coachlamp Apartments is an 18-unit multifamily community offering a compelling blend of immediate cash flow and long-term upside. Ideally located just minutes from Fort Leavenworth, the property benefits from a steady rental base and strong demand. Ten units have been fully renovated with modern finishes, while the remaining units present clear value-add potential for investors seeking to increase NOI. Coachlamp is positioned near local retail, dining, and major thoroughfares, offering both convenience and connectivity. With rising rental income, stable occupancy, and recent capital improvements, this asset is an ideal fit for investors targeting growth in a solid Midwestern market. Incredible investment opportunity! The rent range has been increased from $400-$750/month to $850-$1, 150/month with more room to grow! Tenants pay their own electric and gas bills as well as a utility package for water, trash, and pest control. Tenants are on yearly leases and do not pay for lawn care or snow removal. A security camera system is installed and remains with the property. Professional property management is in place, and service can be retained at the time of sale. There is an in-ground pool with this property that needs some work.

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Property Features

  • Facts
  • Built in: 1980
  • Property Type: Residential Income
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Electric
  • Exterior Finish: Private Entrance
  • Roof Type: Composition, Tar/Gravel
  • Heating Fuels: Forced Air
  • Additional Features
  • Patio
  • Security System

Property

  • Appliances: Dishwasher, Microwave, Refrigerator, Built-In Electric Oven
  • City: Leavenworth
  • Cooling: Electric
  • CountyOrParish: Leavenworth
  • CumulativeDaysOnMarket: 40
  • DaysOnMarket: 40
  • Directions: 92 HWY to 7 HWY South, turn right onto Ottawa St. Complex will be on the right hand side of the street.
  • Heating: Forced Air
  • HighSchoolDistrict: Leavenworth
  • InternetAddressDisplayYN: True
  • InternetEntireListingDisplayYN: True
  • ListingId: HMS2548228
  • ListOfficeName: Platinum Realty LLC
  • ListPrice: 1950000
  • LotSizeArea: 2614
  • LotSizeUnits: Square Feet
  • ModificationTimestamp: 06/17/2025 18:44:10
  • OriginalEntryTimestamp: 05/08/2025 16:17:33
  • ParcelNumber: 077-26-0-41-06-021.01-0
  • ParkingFeatures: Off Street
  • PhotosChangeTimestamp: 05/08/2025 16:49:10
  • PhotosCount: 49
  • PostalCode: 66048
  • PropertySubType: Apartment
  • PropertyType: Residential Income
  • Roof: Composition, Tar/Gravel
  • Sewer: Public Sewer
  • StandardStatus: Active
  • StateOrProvince: KS
  • StreetName: Ottawa
  • StreetNumber: 720
  • StreetSuffix: Street
  • TaxAnnualAmount: 17103
  • WaterSource: Public
  • YearBuilt: 1980
Listing Changed: 6/17/2025 6:44:10 PM GMT
Source Updated Date: 1/19/2026 10:19:14 PM GMT

Courtesy of: Jessica Magaha, Platinum Realty LLC, 888-220-0988

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