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The Graves Group with Keller Williams Signature Partners, LLC is pleased to offer the opportunity to acquire Lakeside Academy of Kansas located on the outskirts of Wichita next to Lake Afton in Goddard, KS. This unique and scenic, NNN single-tenant property, sits on over 45 acres with 11 buildings occupying a total of 30,628 sq ft. Lakeside Academy has been a youth rehabilitation facility since 1998 and the current tenant, Sequel Youth and Family Services, has occupied the property since 2008.
Sequel Youth and Family Services operates over 50 facilities across the country. Lakeside Academy is the largest QRTP rated residential youth center in Kansas and provides programming for at-risk boys ages 13+ and works closely with the Kansas Department of Children and Family Services. Sequel has ten years left on the current lease with two, five-year options. Sequel has invested several hundred thousand dollars in capital improvements demonstrating a long term commitment to the property. The property is close to several amenities and is 15 minutes from the Wichita Dwight D. Eisenhower Airport. The acreage alone is worth close to a million with current land prices in the Wichita MSA. This is an amazing investment opportunity to own a legacy property with a strong tenant and favorable rent bumps.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 150 | 1,287 | 5,711 | |
| Population Median Age | 39 | 38 | 36 | |
| Population by Age | 0-9 Yrs | 16 (10%) | 136 (10%) | 743 (13%) |
| 10-19 Yrs | 34 (22%) | 295 (22%) | 1174 (20%) | |
| 20-29 Yrs | 12 (8%) | 104 (8%) | 561 (9%) | |
| 30-39 Yrs | 11 (7%) | 100 (7%) | 690 (12%) | |
| 40-49 Yrs | 21 (14%) | 175 (13%) | 716 (12%) | |
| 50-59 Yrs | 25 (16%) | 206 (16%) | 842 (14%) | |
| 60-69 Yrs | 18 (12%) | 151 (11%) | 494 (8%) | |
| 70+ Yrs | 14 (9%) | 121 (9%) | 490 (8%) | |
| Median HH Income | $100,337 | $97,810 | $84,698 | |
| Total Household Income | < 24K | 1 (2%) | 20 (5%) | 168 (9%) |
| 25-49K | 9 (19%) | 73 (18%) | 322 (17%) | |
| 50-74K | 6 (13%) | 51 (12%) | 328 (17%) | |
| 75-99K | 8 (17%) | 61 (15%) | 263 (14%) | |
| 100-199K | 17 (36%) | 144 (36%) | 608 (33%) | |
| 200K+ | 6 (13%) | 50 (12%) | 152 (8%) | |
| Highest Education Level | No Diploma | 4 | 35 | 198 |
| Diploma or GED | 32 | 268 | 1012 | |
| Some College | 17 | 159 | 853 | |
| Assoc. Degree | 6 | 52 | 299 | |
| Bachelors Degree | 25 | 207 | 807 | |
| Higher Degree | 10 | 80 | 323 | |
| Total Housing Units | 49 | 422 | 1,948 | |
| --Owner-Occupied | 43 | 371 | 1,632 | |
| --Renter-Occupied | 4 | 28 | 209 | |
| Owner-Occupied Values | < 100K | 2 | 26 | 171 |
| 100-199K | 8 | 78 | 727 | |
| 200-299K | 22 | 167 | 443 | |
| 300-399K | 8 | 65 | 195 | |
| 400-499K | 2 | 18 | 45 | |
| 500K+ | 2 | 16 | 50 | |
| Total Working Age Population | 112 | 953 | 4,158 | |
| In Work Force | 71 | 609 | 2,856 | |
| Not In Work Force | 41 | 344 | 1,302 | |
| Workforce Employed | 66 | 578 | 2,762 | |
| Workforce Unemployed | 4 | 27 | 77 | |
| Civlian Workforce | 70 | 606 | 2,839 | |
| Military Workforce | 0 | 3 | 17 | |
| Total Households | 46 | 399 | 1,841 | |
| Family Households | 38 | 328 | 1,436 | |
| Non-Family Households | 8 | 70 | 405 | |
| Married Couple | 38 | 325 | 1,281 | |
| Other Family | 0 | 3 | 155 | |
| Married w/Child | 21 | 174 | 674 | |
| Single Male w/Child | 0 | 1 | 40 | |
| Single Female w/Child | 0 | 0 | 60 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Kansas | 2,688,418 | +6 | 2,853,118 | +5 | 2,988,194 | +5 | 3,140,008 |
| Sedgwick County | 452,869 | +10 | 498,365 | +6 | 530,232 | +7 | 565,494 |