425 W Taft St Wichita, KS 67213
80-unit apartment community near downtown Wichita and local universities.
Property size:
37,600 SFProperty Features for 425 W Taft St
General Information
- Size
- 37,600 SF
Source:
Naiglobal
Listing Agent: Jeff Englert
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Lux Off Riverwalk Apartments
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Absolute Plumbing and Drainage ...
Drainage Service
Lux Off Riverwalk
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3454129
- Latitude
- 37.6769238
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FAQs
What type of property is this?
Apartment building - 80-unit apartment community near downtown Wichita and local universities.
Where is this apartment building located?
The property is located at 425 W Taft St Wichita, KS.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: - $2M+ Full renovation completed in 2023-2024 including new electrical, plumbing, HVAC systems, exterior paint, roof repairs, window replacement, and unit upgrades with granite countertops and stainless steel appliances.; - 100% Occupancy with a waiting list (February 2025, of leasable units post-fire).; - Prime location adjacent to downtown Wichita, Delano District, and the Arkansas River, with convenient access to major attractions and universities.