421 SE 21st St | Topeka, KS 66607
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421 SE 21st St
Topeka, KS 66607
Jefferson Villas · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Jefferson Villa Apartments in Topeka | 60 Miles East of Kansas City
- 100% Project Based Section 8 Subsidy Contract | Renewed Under Option 4 for 20 Years in 2018
- Extremely Well Maintained | 98a REAC Score in 2023
- Assumable Loan | $1.2M HUD 223(f) With 4.15% Interest Rate | Maturity: September 1, 2053
- Small Area Fair Market Rent (SAFMR) Growth | Rents Increased 20% From 2023-2025
- Dense Demographics | More Than 120,000 Residents Within Five Miles
PROPERTY FACTS
| No. Units | 24 | Lot Size | 2.15 AC |
| Property Type | Multifamily | Building Size | 15,000 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1989 |
| Building Class | B | ||
| Zoning | PUD | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.15 AC |
| Building Size | 15,000 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Zoning | PUD |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | - |
PROPERTY TAXES
| Parcel Number | 133-07-0-10-01-001-010 | Improvements Assessment | $1,091,800 |
| Land Assessment | $90,960 | Total Assessment | $1,182,760 |
PROPERTY TAXES
Parcel Number
133-07-0-10-01-001-010
Land Assessment
$90,960
Improvements Assessment
$1,091,800
Total Assessment
$1,182,760
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