Oakside Apartments

For Sale

10302 W 62nd Ter, Shawnee, KS 66203

This Shawnee property for sale is located at 10302 W 62nd Ter. The general use of Oakside Apartments is multi-family and it incorporates 51,000 square feet of class C multi-family space. The current listed sale price for Oakside Apartments is $7,250,000. Oakside Apartments is situated on a lot that is 2.74 acre in size.

Contacts

broker

Holly Mills, MAI, CCIM

Clemons Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 51,000 SF
  • Units 60
  • Lot Size 2.74 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1969
  • Year Renovated 2022
  • Date Updated Nov 15, 2024
The apartments are tucked away in a park like setting just 1/2 mile west of the prime interchange of I-35 and Shawnee Mission Parkway, a key east-west thoroughfare which links Shawnee to the greater KC metro area. Commuters love the easy access to the vibrant Downtown business district (15 minutes) to the northeast and forever-thriving College Boulevard corridor (10 minutes) to the southwest.Oakside Apartments is a 60 unit garden apartment community in Shawnee, Kansas. The property 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. The apartments are tucked away in a park-like setting just 1/2 mile west of the prime interchange of I-35 and Shawnee Mission Parkway, a key east-west thoroughfare which links Shawnee to the greater KC metro area. Tenants enjoy convenient 1 mile proximity to Historic Downtown Shawnee with dozens of shops, restaurants and destinations patronized by residents and the broader metro alike. Oakside Apartments is located within an opportunity zone. Commuters love the easy access to the vibrant Kansas City Downtown business district (15 minutes) to the northeast and forever-thriving College Boulevard corridor (10 minutes) to the southwest.

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Highlights

  • 96.7% Occupancy (Oct. 24)
  • 7% Cap Rate (Proforma Year 2)
  • Located in an Opportunity Zone
  • Positive Historical Lease Up Velocity
  • Healthy Unit Mix & Oversized Units
  • Missing Middle Affordable Housing
  • Low Vacancy Submarket
  • Resilient Economics
  • Appealing Walkability to Vibrant, Historic Downtown
  • Commuter Heaven
  • Strong Fundamental Demographics

Getting around

  • 67/100

    Walk Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Shawnee, KS
  • Zip Code 66203
  • Market Kansas City

Points of Interest

  • QuikTrip

    0.29 miles

  • Phillips 66

    1.14 miles

  • Cenex

    1.25 miles

  • ChargePoint

    1.37 miles

  • Shell

    1.43 miles

  • Hy-Vee Gas

    1.65 miles

  • Tesla Supercharger

    2.94 miles

  • Business Parking

    4.36 miles

  • Walnut Grove

    4.63 miles

  • Doctor's Parking

    5.56 miles

  • Streamway Trail

    5.65 miles

  • Parking Garage at Gailleo's Garden

    6.49 miles

  • H

    7.28 miles

  • I

    7.32 miles

  • J

    7.38 miles

  • K

    7.42 miles

  • E

    7.42 miles

  • Extended Stay America - Kansas City - Shawnee Mission

    1.29 miles

  • Quality Inn

    1.32 miles

  • Drury Inn Kansas City Shawnee Mission

    1.36 miles

  • Hampton Inn & Suites Merriam

    1.70 miles

  • Extended Stay America - Kansas City - Lenexa - 87th St.

    2.31 miles

  • WoodSpring Suites Kansas City Mission

    3.12 miles

  • Microtel Inn & Suites Overland Park-Lenexa

    3.18 miles

  • Holiday Inn Hotel & Suites Overland Park West

    3.24 miles

  • Fairfield Inn & Suites Kansas City Shawnee

    3.52 miles

  • Comfort Inn & Suites Shawnee - Kansas City

    3.53 miles

  • Burlington

    0.40 miles

  • Price Chopper

    0.54 miles

  • Natural Grocers

    1.38 miles

  • Walmart Neighborhood Market

    1.49 miles

  • Hy-Vee

    1.50 miles

  • Marshalls

    1.50 miles

  • Ross

    1.56 miles

  • Walmart

    2.04 miles

  • ALDI

    2.56 miles

  • Kohl's

    2.73 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Holly Mills, MAI, CCIM

Clemons Real Estate