205 S School Ave - Apartments FOR SALE


Mahaska, KS 66955
$80,000 USD
816-520-3948
205 S School Ave, Mahaska, KS for Sale
$80,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

205 S School Ave
Mahaska, KS 66955


HIGHLIGHTS

  • Distress sale, use HTCs for a TLC refresh.

OVERVIEW

Very Small town. eligible for Historic Tax Credits - needs about $150k of renovation to get all 12 units back on line, so about half of that would be covered with Fed and State historic credits. they key to this property is to be able to lease in a very rural market - or, set up as a very remote Airbnb getaway, or a hunting lodge. do not call unless you have read this.

FOR SALE DETAILS

PRICE

$80,000 USD

PRICE/SF

$2 USD /SF

# OF UNITS

12

PRICE/UNIT

$6,667

CAP RATE

Request Cap Rate

% LEASED

1%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mahaska Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

-

APN/PARCEL ID

053-07-0-10-05-001.00-0

ASK ABOUT THIS PROPERTY

Steven FoutchFoutch BrothersMore Info
816-520-3948

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Steven FoutchFoutch BrothersMore Info
816-520-3948

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.