3000 Kellogg DrWichita, KS 67213

For Sale
$5,000,000

27-unit renovated apartment building, high ROI.

Overview

Added:
Feb 3
Days on market:
38
This exceptional 18,824-square-foot commercial property, situated on a 2-acre lot at 3000 W Kellogg Dr in Wichita, Kansas, presents a compelling investment opportunity. Recently renovated in November, this former office building has been transformed into 27 upscale apartment units, each boasting high-end finishes including granite countertops, soft-close cabinetry, LVP flooring, and LED ceiling fans. All major systems—electrical, plumbing, HVAC, fire, and sprinkler—are brand new and fully compliant with current building codes. The property is immediately income-generating, requiring no further capital investment. Eight on-site washers and dryers provide supplemental revenue. Its location near Newman University and Friends University ensures strong tenant demand from students and professionals. This turnkey asset offers a low-maintenance operation with significant income potential and a strong cap rate, promising both immediate returns and long-term value growth in a high-demand market. The property's modern amenities and superior design create exceptional tenant appeal, contributing to a robust and stable income stream. This is a rare chance to acquire a high-quality, income-producing asset in a prime Wichita location.

Property Details for 3000 Kellogg Dr

Property type
Other commercial real estate
Square Feet
18,824 SF
Year Built
1963
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.67501
Longitude
-97.37878
3000 Kellogg Dr, Wichita, Kansas

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3000 Kellogg Dr
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