2302 S Broadview St - Apartments FOR SALE


Wichita, KS 67218- Southeast Wichita
$1,925,000 USD
316-618-1100
2302 S Broadview St, Wichita, KS for Sale
$1,925,000 USD
Apartments - FOR SALE
1/25
null | 8% Cap Rate

2302 S Broadview St
Wichita, KS 67218
Southeast Wichita


HIGHLIGHTS

  • All duplexes have had new roofs installed in recent years.
  • Many of the units have been thoroughly renovated with new flooring, countertops, fixtures, etc.
  • All units include washer & dryer hookups.

OVERVIEW

InSite Real Estate group is pleased to present the Meadowlark Multifamily Portfolio located in Wichita, KS. According to Forbes Home, Wichita has recently been ranked as the #4 place to live and work in 2024 based on its quality of life, affordable housing, and 98% employment rate. Anchored in a well-established quiet neighborhood, the Meadowlark Multifamily Portfolio consists of 24 units in 12 contiguous duplexes. All of the duplexes have had new roofs installed in recent years and many of the units have been thoroughly renovated with new flooring, countertops, fixtures, etc. All units include washer & dryer hookups and 20 of the 24 units include central heating & air conditioning. In addition, several of the units have newer windows, HVAC and appliances.

FOR SALE DETAILS

PRICE

$1,925,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

24

PRICE/UNIT

$80,208

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12 Duplex Portfolio - 24 Doors

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.8 AC

LAND SF

209,088 SF

ZONING

TF-3

APN/PARCEL ID

127-35-0-43-07-001.00H

ASK ABOUT THIS PROPERTY

Carl HebertInSite Real Estate GroupMore Info
316-618-1100

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Carl HebertInSite Real Estate GroupMore Info
316-618-1100

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