Listed by Insite Real Estate Group
Unpriced
The LUX off Riverwalk
Details
Property Type Multifamily
Square Footage 41,832
Units 80
Occupancy 100%
Year Built 1972
Buildings 3
Acreage 1.520
Zoning B - Multi Family and LC - Commercial
The property consists of 24 studio units and 56 one-bedroom units across three two-story buildings
Marketing description
Lux Off Riverwalk is an 80-unit multifamily complex located at 550 S. Laclede and 425 W. Taft in Wichita, Kansas, near McLean and Taft in the highly
desirable Delano Riverwalk District. The site consists of three buildings with a total unit mix of 24 studio apartments and 56 one-bedroom, one-bath
suites. Set in a secluded river- adjacent location among surrounding single-family homes, the property offers residents a rare blend of privacy, architectural
character, and immediate connectivity to downtown Wichita
Investment highlights
- Iconic mid-century modern architecture, constructed in 1965
- Design features include angled rooflines, and an elevated two story frame that gives the property a weightless elegance
- 40 total 1B/1B suites
- Secured private entry with coded security gate
- 40 enclosed parking spaces inside the complex, beneath the apartment homes
- On-site leasing office with full-time management and a maintenance workshop
- Outdoor gazebo overlooking the river, with tables and grilling area
- Fenced Pet Park
- 24-hour community laundry facility featuring Speed Queen machines.
- Located on the Arkansas River featuring pathways to Delano and Downtown Wichita.
- Each building 10,136 Sqft - 20,272 Sqft Total
- Each building is two stories total with a basement
- Constructed in 1970 and 1972.
- Each building contains 12 studio apartments and 8 1B/1B units
- A combined total of 24 studios and 16 1B/1B units at this address.
- Maintenance workshop in the East Building
- 24-hour community laundry facility featuring Speed Queen machines in the West Building.
- 45 door- side parking spaces
- Prominent Lux monument sign at the entry
Listing Contacts
Listed by Insite Real Estate Group
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