1220 E Broadway St - Apartments FOR SALE


Newton, KS 67114
$1,050,000 USD
316-263-7242
1220 E Broadway St, Newton, KS for Sale
$1,050,000 USD
Apartments - FOR SALE
1/9
null | 8% Cap Rate

1220 E Broadway St
Newton, KS 67114


HIGHLIGHTS

  • Close Proximity to Interstate and Highway Systems
  • Near Public Elementary School and Middle School

OVERVIEW

100% Occupied Roof and windows approximately 10-years old 15 new air handlers installed in 2021 & 2022 5 new compressor units installed since 2020 All units have been upgraded, including flooring, electrical, plumbing, and appliances

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$603 USD /SF

# OF UNITS

16

PRICE/UNIT

$65,625

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

16-Unit Apartment Complex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,858 SF

ZONING

-

APN/PARCEL ID

095-16-0-10-25-006.00-0

ASK ABOUT THIS PROPERTY

Ben ReedStreet CommercialMore Info
316-263-7242

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Ben ReedStreet CommercialMore Info
316-263-7242

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