Lofts by Viewpointe | 28 Unit Apartment Building

3000 W Kellogg Dr | Wichita, KS Lofts by Viewpoint | Institutional-Quality Multifamily with Expansion Potential 98% occupied 28-unit multifamily asset, fully rebuilt to exceed modern standards, now encompassing approximately 2.7 acres with newly acquired landstrategically positioned along Kellogg adjacent to Newman University and Friends University. Positioned along Wichita's primary corridor, this fully redeveloped asset offers a compelling combination of stable in-place income and future development upside. The property has been completely renovated from the ground up, featuring premium materials, modern systems, and institutional-grade security throughoutdelivering true like-new construction quality without the risk of new development. The asset consists of 28 upgraded residential units plus additional office space, operating at 98% occupancy for 12+ months and generating approximately $292K in NOI, providing immediate and reliable cash flow. Expansion Opportunity Ownership has recently acquired an additional 0.81 acres, bringing the total site to approximately 2.7 acres. This expanded footprint creates a clear path for future development. Preliminary planning indicates the potential to add: 60 One-Bed Units 48 Two-Bed Units At current market rents, the expansion could generate $1.5M+ in additional annual revenue, positioning the property as a potential 136-unit multifamily project at full build-out. Investment Highlights28-unit multifamily asset + office space 98% occupancy (12+ months stabilized) ~$292K NOI with strong in-place cash flow Fully rebuilt to exceed modern building standards Total site: ~2.7 acres (including newly acquired land) Significant expansion and development potential Prime frontage along US-54/Kellogg corridor Direct adjacency to Newman University & Friends University Property FeaturesInstitutional-grade security: fob access, fingerprint entry, full camera coverage Tenant-paid utilities with additional laundry income streams Ample on-site parking and efficient layout Designed for operational efficiency and tenant retention Investment Summary 3000 W Kellogg presents a rare opportunity to acquire a stabilized, income-producing asset with immediate scale potential. With proven performance, premium construction, and newly expanded land control, investors benefit from both current cash flow and a defined path to long-term value creation in a high-demand location. Detailed financials and supporting documentation will be made available to pre-qualified buyers upon request. For more information or to schedule a showing, please contact:Ridge Estes620-518-0838