Oakside Apartments

10302 W 62nd Ter, Shawnee, KS 66203

  • For Sale $7,250,000
  • Property Type Multi-Family
  • Property Size 51,000 SF
  • Units 60
  • Lot Size 2.74 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1969
  • Year Renovated 2022
  • Date Updated Dec 11, 2024
The apartments are tucked away in a park like setting just 1/2 mile west of the prime interchange of I-35 and Shawnee Mission Parkway, a key east-west thoroughfare which links Shawnee to the greater KC metro area. Commuters love the easy access to the vibrant Downtown business district (15 minutes) to the northeast and forever-thriving College Boulevard corridor (10 minutes) to the southwest.Oakside Apartments is a 60 unit garden apartment community in Shawnee, Kansas. The property enjoys a healthy mix of units with one- and two-bedroom floorplans, all of which are sizable as compared to the competition. The property has been extensively renovated with attractive finishes including quartz countertops, LVT flooring, stainless steel fittings and appliances. This combination of finishes provides a modern and durable aesthetic. The apartments are tucked away in a park-like setting just 1/2 mile west of the prime interchange of I-35 and Shawnee Mission Parkway, a key east-west thoroughfare which links Shawnee to the greater KC metro area. Tenants enjoy convenient 1 mile proximity to Historic Downtown Shawnee with dozens of shops, restaurants and destinations patronized by residents and the broader metro alike. Oakside Apartments is located within an opportunity zone. Commuters love the easy access to the vibrant Kansas City Downtown business district (15 minutes) to the northeast and forever-thriving College Boulevard corridor (10 minutes) to the southwest.
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Attachments

Highlights

  • 96.7% Occupancy (Oct. 24)
  • 7% Cap Rate (Proforma Year 2)
  • Located in an Opportunity Zone
  • Positive Historical Lease Up Velocity
  • Healthy Unit Mix & Oversized Units
  • Missing Middle Affordable Housing
  • Low Vacancy Submarket
  • Resilient Economics
  • Appealing Walkability to Vibrant, Historic Downtown
  • Commuter Heaven
  • Strong Fundamental Demographics

Contacts

broker
Holly Mills, MAI, CCIM

Clemons Real Estate

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Shawnee, KS
  • Zip Code 66203
  • Market Kansas City

Points of Interest

  • QuikTrip

    0.29 miles

  • Phillips 66

    1.14 miles

  • Cenex

    1.25 miles

  • ChargePoint

    1.37 miles

  • Shell

    1.43 miles

  • Hy-Vee Gas

    1.65 miles

  • Tesla Supercharger

    2.94 miles

  • Business Parking

    4.36 miles

  • Walnut Grove

    4.63 miles

  • Doctor's Parking

    5.56 miles

  • Streamway Trail

    5.65 miles

  • Parking Garage at Gailleo's Garden

    6.49 miles

  • H

    7.28 miles

  • I

    7.32 miles

  • J

    7.38 miles

  • K

    7.42 miles

  • E

    7.42 miles

  • Extended Stay America - Kansas City - Shawnee Mission

    1.29 miles

  • Quality Inn

    1.32 miles

  • Drury Inn Kansas City Shawnee Mission

    1.36 miles

  • Hampton Inn & Suites Merriam

    1.70 miles

  • Extended Stay America - Kansas City - Lenexa - 87th St.

    2.31 miles

  • WoodSpring Suites Kansas City Mission

    3.12 miles

  • Microtel Inn & Suites Overland Park-Lenexa

    3.18 miles

  • Holiday Inn Hotel & Suites Overland Park West

    3.24 miles

  • Fairfield Inn & Suites Kansas City Shawnee

    3.52 miles

  • Comfort Inn & Suites Shawnee - Kansas City

    3.53 miles

  • Sarpino's Pizzeria

    0.03 miles

  • First Watch

    0.07 miles

  • Subway

    0.08 miles

  • McAlister's Deli

    0.14 miles

  • Wendy's

    0.19 miles

  • Arby's

    0.19 miles

  • Pine & Bamboo Garden

    0.20 miles

  • Pizza Hut

    0.21 miles

  • Old Shawnee Pizza

    0.24 miles

  • KFC

    0.24 miles

  • Saint Joseph Parish Center

    0.39 miles

  • Hope Lutheran School

    0.50 miles

  • Merriam Park Elementary School

    0.65 miles

  • Wonderscope (Moved)

    0.65 miles

  • Nieman Elementary School

    0.66 miles

  • Nieman Elementary

    0.67 miles

  • Hocker Grove Middle School

    0.79 miles

  • Rhein Benninghoven Elementary School

    0.99 miles

  • Shawnee Mission Northwest High School

    1.22 miles

  • Ray Marsh Elementary School

    1.27 miles

  • Peppermint Patty's Day Care

    0.74 miles

  • La Petite Academy of Merriam

    1.57 miles

  • Our Lady of Unity Child Care Center

    3.63 miles

  • Country Kids Day Care of Lenexa

    4.24 miles

  • The Whole Child Development Center

    4.58 miles

  • The Little Gym

    4.61 miles

  • Dandelions & Mud Puddles Child Development Center

    5.23 miles

  • Little Angels Preschool

    5.79 miles

  • The Goddard School of Overland Park

    6.10 miles

  • La Petite Academy of Overland Park

    6.34 miles

Frequently Asked Questions

How much does Oakside Apartments cost?

The space currently listed for sale at Oakside Apartments asks for $7,250,000.

What is the total square footage of Oakside Apartments?

Oakside Apartments totals 51,000 square feet.

When was this property built?

Oakside Apartments was built in 1969.

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Contact Listing Broker
broker
Holly Mills, MAI, CCIM

Clemons Real Estate