500 NW 2nd St - Apartments FOR SALE


Abilene, KS 67410
$1,600,000 USD
785-243-5365
500 NW 2nd St, Abilene, KS for Sale
$1,600,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

500 NW 2nd St
Abilene, KS 67410


HIGHLIGHTS

  • Located in Historic Abilene Kansas
  • 100% Occupancy

OVERVIEW

Seize this chance to invest in a well-established property with Chisholm Apartments, a 3-story, 27-unit masonry brick apartment building that is 100% occupied. Built in 1998, this property features 600 sqft units with 1 bedroom and 1 bath. It includes an underground sprinkler system and a spacious parking lot for residents. Tenants are responsible for their electric bills, while the landlord covers water, trash, and electricity for the common laundry area. The laundry facilities include coin-operated machines owned by the landlord, providing an additional revenue stream. This property offers a fantastic turn-key investment opportunity, generating stable income in a desirable location. Don’t miss out on the chance to expand your real estate portfolio! For more information or to schedule a viewing, please contact us today!

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

27

PRICE/UNIT

$59,259

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

-

APN/PARCEL ID

115-16-0-30-35-007.02-0

ASK ABOUT THIS PROPERTY

Brice BowersBowers Land And Home Realty LLCMore Info
785-243-5365

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Brice BowersBowers Land And Home Realty LLCMore Info
785-243-5365

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