New Class A Apartment
For Sale
Contact for pricing
9250 Renner Boulevard, Lenexa, KS 66219
Newly constructed Class A+ multifamily community with resort-style amenities and stabilized operations in Johnson County.
Property SizeContact for details
Days on Market48
Property Features for 9250 Renner Boulevard
General Information
Standard status
Active
Class
A+
Property subtype
Multifamily
Occupancy
97%
Additional Details
Business Included
Yes
Building Details
Year Built
2025
Units
338
Listed By:
Matt Ledom, CCIM
(913) 620-6502
Source:
Nmrk
Added: Jul 17
Changed: Sep 2
Last Checked: Sep 1 at 4:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matt Ledom, CCIM
Investment Insights
Based on property information with market context.
Reflections is a newly constructed Class A+ multifamily community operating with fully stabilized performance, offering immediate, durable cash flow based on the information provided. The property includes a resort-style pool, fitness center, and yoga studio, along with pickleball and basketball courts. Indoor and outdoor social spaces are part of the amenity package, and the community also offers a cyber café and coffee bar, plus pet-friendly amenities.
Located within Johnson County, the property is identified as being in Lenexa City Center and benefits from local submarket fundamentals described in the remarks. The information also states that an attractive TIF structure substantially reduces real estate tax expense through 2034, resulting in significant annual tax savings.
The remarks further indicate strong occupancy and operating results, with average market rent of approximately $1,843 per unit compared to a comparable average of roughly $1,993 per unit, supporting a stated runway for future rent growth as operations continue to season and the property establishes itself in the market.
Located within Johnson County, the property is identified as being in Lenexa City Center and benefits from local submarket fundamentals described in the remarks. The information also states that an attractive TIF structure substantially reduces real estate tax expense through 2034, resulting in significant annual tax savings.
The remarks further indicate strong occupancy and operating results, with average market rent of approximately $1,843 per unit compared to a comparable average of roughly $1,993 per unit, supporting a stated runway for future rent growth as operations continue to season and the property establishes itself in the market.
Key Highlights
- Year built 2025: newly constructed multifamily community with stabilized operations in Johnson County.
- Average market rent approximately $1,843 per unit vs comparable average roughly $1,993 per unit.
- TIF structure reduces real estate tax expense through 2034, supporting lower operating costs.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
Explore this area
Business Placement
Demographics for 66219, KS
13,378
Population
7,044
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
98%
High-School Grad
8.3 sq mi
ZIP Area
1,612
Density / Sq Mi
$91,144
Median Household Income
$59,148
Median Earnings
$1,458
Median Rent
$370,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly constructed Class A+ multifamily community with resort-style amenities and stabilized operations in Johnson County.
Where is this apartment building located?
The property is located at 9250 Renner Boulevard Lenexa, KS.
What are key features of this property?
This property features: Year built 2025: newly constructed multifamily community with stabilized operations in Johnson County.; Average market rent approximately $1,843 per unit vs comparable average roughly $1,993 per unit.; TIF structure reduces real estate tax expense through 2034, supporting lower operating costs.
