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1094 N Findley St 18 Unit Apartment Building $8,000,000 ($444,444/Unit) 6.90% Cap Rate Olathe, KS 66061

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INVESTMENT HIGHLIGHTS

  • These townhomes boast a modern design with stainless steel appliances and quartz countertops, offering both style and functionality.
  • Forest View Elementary, Mission Trail Middle School, and Olathe West High School are all conveniently located within a short walking distance.
  • This property is situated near a park that features a variety of sports courts and fields, along with scenic views and walking trails.
  • Each townhouse includes an unfinished basement for storage or a playroom, along with a one-car garage with keyless entry and a garage door opener.

EXECUTIVE SUMMARY

Buy 18 Brand new Townhouses Pre Construction These future units will be 4 Bedroom 3.5 baths approximately 2700 sq ft per unit Come discover these brand new townhouses that offer unbeatable modern amenities, including stainless steel appliances and quartz countertops, complemented by luxurious finishes throughout. Whether you're a family or a business executive, these spacious units cater to everyone's needs. Each townhouse features a full finished basement perfect with storage, and includes a one-car garage with keyless entry and a garage door opener. Enjoy the convenience of being just a short walk from Olathe West, Mission Trail, and Forestview elementary schools. Right across the street, you will find a park equipped with walking trails, playground, ballparks, disc golf, and a pond. The Retreat at West Haven is truly the ideal place to call home!
Ready Spring of 2026!

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $8,000,000
Price Per Unit $444,444
Sale Type Investment
Cap Rate 6.90%
Sale Condition Bulk/Portfolio Sale
No. Units 18
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Townhome
Building Class C
Lot Size 0.20 AC
Building Size 48,600 SF
No. Stories 2
Year Built 2025
Parking Ratio 0.02/1,000 SF
Zoning RP-3 - planned low-density multifamily

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Storage Space
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Oven
  • Stainless Steel Appliances
  • Range
  • Carpet
  • Wi-Fi
  • Basement
  • Double Pane Windows
  • Family Room
  • Island Kitchen
  • Lawn
  • Linen Closet
  • Mud Room
  • Patio

SITE AMENITIES

  • Walking/Biking Trails

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+3.5 18 $3,000 2,700
  • Listing ID: 33852432

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 1094 N Findley St, Olathe, KS 66061

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