425 W Taft St Wichita, KS 67213

Lux Off Riverwalk features two separate apartment properties operating as one, situated next to downtown Wichita. The 80-unit apartment community is located across the street from one another and has undergone a full renovation of over $2M. Renovations include new electrical, plumbing, and HVAC systems, exterior paint, roof repairs, and window replacement, along with the addition of amenities. Unit renovations feature granite countertops and stainless steel appliances. Located in the heart of the city, Lux Off Riverwalk sits adjacent to the Delano District, the Arkansas River, and Highway US-54/400. The property is just minutes from Intrust Bank Arena, Riverfront Stadium, Exploration Place, the downtown Advanced Learning Library, and the many restaurants throughout Old Town and Delano. The property is conveniently located ten minutes from Wichita State University and under five minutes from Friends University, Newman University, and the Kansas College of Osteopathic Medicine. The property contains studio and 1-bedroom units. In November 2024, a fire damaged 10 units in the Laclede building. An insurance claim has been filed, and the damaged units will be restored to their previous condition prior to closing, or the insurance proceeds will be assigned to the buyer at closing. As of February 2025, the property operates at 100% occupancy on all occupiable units.