Renovated 34-Unit Apartment
For Sale
Contact for pricing
Pending
6212 SLATER ST, Merriam, KS 66202
34-unit apartment community built in 1965 with substantial interior and exterior renovations in the late 2000s.
Property Size24,689 SF
Days on Market130
Property Features for 6212 SLATER ST
General Information
Standard status
Pending
Size
24,689 SF
Class
B
Property subtype
Multifamily
Zoning
High Rise Residential
Occupancy
97%
Net Operating Income
$275,000
Additional Details
Multifamily Units
34
Building Details
Year Built
1965
Year Renovated
2010
Buildings
1
Stories
2
Units
45
Listing Agency:
Zeal Property Advisors
Listed By:
Austin Paul · License #MO 2013032099
Source:
Crexi
Added: Apr 29
Changed: Aug 27
Last Checked: Aug 31 at 1:20AM
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 Zeal Property Advisors
Investment Insights
Based on property information with market context.
The Lookout Apartments is a 34-unit apartment community located at 6212 Slater St in Merriam, Kansas. The property was built in 1965 and underwent substantial interior and exterior renovations in the late 2000s.
The property is positioned next door to the ongoing Merriam Grand Station & Marketplace development, with a Trader Joe’s located catty-corner to The Lookout. The asset is described as stabilized, with little to no deferred maintenance.
The offering is structured as a fee simple sale, free and clear of debt. The property is also uniquely zoned for High Rise Residential, presenting an alternative redevelopment-focused path for prospective investors who want to review the asset under that zoning context.
The property is positioned next door to the ongoing Merriam Grand Station & Marketplace development, with a Trader Joe’s located catty-corner to The Lookout. The asset is described as stabilized, with little to no deferred maintenance.
The offering is structured as a fee simple sale, free and clear of debt. The property is also uniquely zoned for High Rise Residential, presenting an alternative redevelopment-focused path for prospective investors who want to review the asset under that zoning context.
Key Highlights
- 34‑unit apartment community in Merriam, Kansas
- Built in 1965
- Substantial interior and exterior renovations completed in the late 2000s
Property Analytics
Current Use
Lease Details
34
Residential units
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Explore this area
Business Placement
Demographics for 66202, KS
16,827
Population
9,308
Households
1.8
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
5.3 sq mi
ZIP Area
3,175
Density / Sq Mi
$72,148
Median Household Income
$51,557
Median Earnings
$1,228
Median Rent
$264,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 34-unit apartment community built in 1965 with substantial interior and exterior renovations in the late 2000s.
Where is this apartment building located?
The property is located at 6212 SLATER ST Merriam, KS.
What are key features of this property?
This property features: 34‑unit apartment community in Merriam, Kansas; Built in 1965; Substantial interior and exterior renovations completed in the late 2000s
