Lux Off Riverwalk is an 80-unit multifamily community positioned along the Arkansas River in Wichita’s Delano Riverwalk District. The property consists of 24 studio apartments and 56 one-bedroom residences across three buildings, offering investors a stabilized asset with a distinctive architectural identity and a location that connects residents to downtown Wichita, the Delano Entertainment District, Riverside amenities, and major employment centers. The community benefits from direct access to the Arkansas River pathway system, nearby retail and dining destinations, and convenient connections to Kellogg Avenue (US-54), one of Wichita’s primary transportation corridors.
The asset has undergone more than $3 million in capital improvements since 2022, including extensive interior renovations, replacement roofing, upgraded mechanical systems, electrical improvements, modernized common areas, enhanced security features, and exterior property upgrades. Unit interiors feature renovated kitchens and bathrooms, updated flooring, contemporary finishes, and stainless-steel appliance packages. Additional property amenities include enclosed parking, door-side parking, a riverside gazebo with grilling areas, a fenced pet park, renovated laundry facilities, and on-site management infrastructure.
The surrounding Delano and downtown districts continue to benefit from ongoing public and private investment, including major mixed-use, hospitality, residential, and institutional development projects. These nearby investments support long-term neighborhood vitality while enhancing the property's appeal to residents seeking walkable access to employment, entertainment, recreation, and cultural destinations. With 100% occupancy, a renovated physical plant, and a highly recognizable riverside setting, Lux Off Riverwalk offers investors the opportunity to acquire a well-maintained multifamily asset in one of Wichita’s most established urban residential locations.