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1502 E Fulton St 28 Unit Apartment Building $1,675,000 ($59,821/Unit) Garden City, KS 67846
EXECUTIVE SUMMARY
28-Unit Efficiency Apartment Complex. Turnkey investment with upside potential. Located in the steadily growing community of Garden City, this fully operational 28-unit multifamily property offers strong rental demand and stable income. Originally built in 1986 and renovated in 2019, the complex includes: 25 studio units, 1 large studio, 1 one-bedroom unit, 1 three-bedroom unit. Each unit is equipped with a gas range and refrigerator, with most featuring a dishwasher. Tenants enjoy the comfort of PTAC heating/cooling systems, and the property is secured with surveillance cameras and a fire sprinkler system throughout. Low vacancy rate in a high-demand rental market. Owner-paid utilities. Onsite laundry and mail delivery. Whether you're expanding your portfolio or diving into multifamily real estate, this cash-flowing property is ready to go!
PROPERTY FACTS
| Price | $1,675,000 | Property Subtype | Apartment |
| Price Per Unit | $59,821 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.62 AC |
| Sale Condition | Redevelopment Project | Building Size | 26,986 SF |
| No. Units | 28 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1986/2019 |
| Zoning | C2 | ||
| Price | $1,675,000 |
| Price Per Unit | $59,821 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 26,986 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2019 |
| Zoning | C2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 28 | - | - |
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1502 E Fulton St
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