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Eight-Building Apartment Portfolio
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413 W 14th St, Lawrence, KS 66044

127-unit offering near campus and downtown includes a 2020-built, 21-unit stabilized property.

Property SizeContact for details
Days on Market144

Property Features for 413 W 14th St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 127

Building Details

Buildings 8
Listing Agency: Peak Real Estate Partners
Listed By: Nick Ambrosio · License #2019045481
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:53PM

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 Peak Real Estate Partners

Investment Insights

Based on property information with market context.

This apartment portfolio comprises eight buildings totaling 127 units. Seven properties account for 106 units and offer room for cosmetic upgrades, while the remaining 21-unit building was completed in 2020 and is fully stabilized. The buildings are maintained with little to no deferred maintenance reported.

The properties are located within a few blocks of campus and Historic Downtown Lawrence. Occupancy is reported at 100%. Except for one 9-unit building, the properties have submetering for electric, gas, and water. Ownership currently provides internet and cable, while tenants pay other utilities through direct billing or RUBS.

The assets may be purchased individually or as a package, with 913 Michigan and Northstone required to transact together because they share the same parcel.

Key Highlights

  • Eight buildings totaling 127 units
  • Seven properties comprise 106 units with cosmetic upgrade potential
  • 21‑unit building built in 2020 and fully stabilized

Property Analytics

Current Use

Coldwater Flats Apartment Building

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Auto Parts Store Florist Veterinary Clinic Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

127
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,077
Businesses Nearby

Demographics for 66044, KS

28,276
Population
12,723
Households
2.2
Avg Household Size
28
Median Age
54%
College-Educated
95%
High-School Grad
64.2 sq mi
ZIP Area
440
Density / Sq Mi
$56,340
Median Household Income
$20,271
Median Earnings
$999
Median Rent
$228,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 127-unit offering near campus and downtown includes a 2020-built, 21-unit stabilized property.
Where is this apartment building located?
The property is located at 413 W 14th St Lawrence, KS.
What are key features of this property?
This property features: Eight buildings totaling 127 units; Seven properties comprise 106 units with cosmetic upgrade potential; 21‑unit building built in 2020 and fully stabilized
More about this property
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