$3,850,000

Currently Leased until 12/31/26 at $20,000 per month, with potential to renew. CHECK out this Opportunity to scale your investment goals with a modest out of pocket down payment and generous lease to own terms. As a new operator you can realize the potential of this well built unique and beautiful asset. Multiple income streams possible as Student Housing, Military Housing, Boutique Hotel and Residences. This Unique Apartment Building Opportunity in Historic Leavenworth, KS is currently operating as a mix-use hotel & apartment building, this property offers the extraordinary potential to be transformed into a thriving residential community with 45 mix-use units. The Leavenworth Local is perfectly positioned within a vibrant and revitalized community. The surrounding downtown district blends historic charm with contemporary developments, offering residents easy access to boutique shops, popular dining, and cultural attractions. This central location provides convenient access to major roadways and public transportation, making it an ideal living space for those who appreciate convenience and a lively neighborhood. Versatile Amenities: The building is equipped with a range of amenities designed to enhance resident experience, including a salon, bar, auditorium, gym, and pickle ball court. Modern Utilities: Each unit features electric mini splits for heating and air conditioning, individual hot water heaters, and access to a leased laundry facility. WiFi is provided through a service contract, ensuring convenience for all residents. Sustainable Energy: The property benefits from a solar buy-back agreement, contributing to energy efficiency and appealing to environmentally-conscious tenants.