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Whispering Pines Townhomes 302 N Evergreen Ln 42 Unit Apartment Building $5,900,090 ($140,478/Unit) Wichita, KS 67212
Investment Highlights
- Income-producing townhome investment
- Strong west Wichita rental location
- Suitable for both local and out-of-state investors
- Located in established Whispering Pines Townhomes
- Convenient access to shopping, dining, and employment centers
Executive Summary
This well-maintained townhome offers immediate income potential in a stable west Wichita location with strong access to major employers, retail, dining, and transportation corridors. The property's functional floor plan, low-maintenance design, and desirable location make it attractive to long-term tenants and investors alike. An excellent addition to an investment portfolio with the potential for consistent cash flow and future appreciation.
Property Facts
| Price | $5,900,090 | Building Class | C |
| Price Per Unit | $140,478 | Lot Size | 5.51 AC |
| Sale Type | Investment | Building Size | 50,400 SF |
| No. Units | 42 | Average Occupancy | 99% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1981/2026 |
| Apartment Style | Townhome | ||
| Zoning | TF-3 | ||
| Price | $5,900,090 |
| Price Per Unit | $140,478 |
| Sale Type | Investment |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 5.51 AC |
| Building Size | 50,400 SF |
| Average Occupancy | 99% |
| No. Stories | 1 |
| Year Built/Renovated | 1981/2026 |
| Zoning | TF-3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Storage Space
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Yard
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 39 | $1,350 | 1,232 |
| 3+2 | 3 | $1,575 | 1,475 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $293,473 | |
| Land Assessment | $74,557 | Total Assessment | $368,030 |
Property Taxes
Parcel Numbers
Land Assessment
$74,557
Improvements Assessment
$293,473
Total Assessment
$368,030
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Whispering Pines Townhomes | 302 N Evergreen Ln