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Browse More Listings in Multifamily For Sale, Wichita, KS or Kansas

Multifamily Property For Sale

11 UNIT APARMENT COMPLEX

228 S. Kansas, Wichita, KS 67211

Price:
$249,900
No. Units:
11
Building Size:
5,128 SF
Price/Unit:
$22,718.18
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
6%
Cap Rate:
12%
Occupancy:
50%
Find Out More...

Last Verified 11/5/2009 Listing ID 16458126

Description

Seller has recently refurbished all 11 units with new independent electric Heating/Air combo units. New appliances in all kitchens, new carpeting and paint throughout the entire bldg. All new water heaters, all units are separately meterd for eclectric and on isde laundry facilities. Seller pays for gas, water and an average bill @ $130. a month. Water heaters only gas appliance on property. Seller pays $75. per month for trash service. 8 individual parking spaces on site, street parking available.

Kellogg and Hydraulic, North to English, east to Kansas and south to apartments.

Financial Summary

Actual
Net Operating Income
$29,988

Map of 228 S. Kansas, Wichita, KS 67211 (Sedgwick County)

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Presented by

Prudential Dinning-Beard Realtors

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Contact Listing Broker

Prudential Dinning-Beard Realtors (316) 636-2323

David Brown (316) 440-2162

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Created 11/4/2009

Additional Information for 228 S Kansas Street, Wichita, KS 67211

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 6 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 11 UNIT APARMENT COMPLEX

228 S. Kansas, Wichita, KS, 67211