2804 E 9th Ave - Apartments FOR SALE


Winfield, KS 67156
$3,800,000 USD
316-613-2447
2804 E 9th Ave, Winfield, KS for Sale
$3,800,000 USD
Apartments - FOR SALE
1/6
null | 7.8% Cap Rate

2804 E 9th Ave
Winfield, KS 67156


HIGHLIGHTS

  • 46-Unit Multifamily Property
  • Tenant pays gas and electric. Landlord pays trash and water
  • NOI (Proforma): $296,266
  • Cap Rate: 7.80%

OVERVIEW

Woodland Apartments offers 46 two and three-bedroom units. The original building was renovated in 2014 and the new building was constructed in 2015. The property has spacious units with high-end finishes, washer & dryer hook-ups, and all stainless-steel appliances. Woodland Apartments is located on the east side of Winfield along Hwy. 160 (9th Ave.)

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$74 USD /SF

# OF UNITS

46

PRICE/UNIT

$82,609

CAP RATE

7.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodland Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

97

LAND DETAILS

LAND ACRES

4.16 AC

LAND SF

181,210 SF

ZONING

RIB

APN/PARCEL ID

176-23-0-30-01-012.00-0

ASK ABOUT THIS PROPERTY

Trent GarmanNAI MartensMore Info
316-613-2447

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Trent GarmanNAI MartensMore Info
316-613-2447

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