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Investment Highlights

  • Newly remodeled, high demand, college town, tenant paid utilities, tax rebate for 10 years, laundry mat income.

Executive Summary

Prime Investment Opportunity.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
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 (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
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 $1,100,000
Price Per Unit $91,667
Sale Type Investment
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.27 AC
Building Size 11,661 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1939/2025
Opportunity Zone Yes

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 $850.00 670
1+1 1 $675.00 670
Studios 8 $650.00 670
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
077-26-0-30-53-002.00-0
Land Assessment
$711 (2025)
Improvements Assessment
$28,316 (2025)
Total Assessment
$29,027 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 39739899

  • Date on Market: 3/11/2026

  • Last Updated:

  • Address: 11 N Walnut St, Iola, KS 66749

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