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Continental Apartments 1408 Buffalo Jones Ave 53 Unit Apartment Building $4,373,880 CAD ($82,526 CAD/Unit) Garden City, KS 67846
Executive Summary
Completely renovated stabilized asset.
Includes 3,888 SF leased restaurant with personal guaranty
Over $1,000,000 invested in capital improvements over the last three years, including:
Improvements completed to building exterior
Electrical upgrades
Plumbing Improvements
Addition of fire suppression system
LVP flooring
Kitchen and bathroom cabinets and counter tops
Fixtures throughout
Kitchen appliances ,including glass cooktops, refrigerators and built-in microwaves
Amenities: on-site laundry facilities, high speed internet access, walking distance to numerous attractions.
Includes 3,888 SF leased restaurant with personal guaranty
Over $1,000,000 invested in capital improvements over the last three years, including:
Improvements completed to building exterior
Electrical upgrades
Plumbing Improvements
Addition of fire suppression system
LVP flooring
Kitchen and bathroom cabinets and counter tops
Fixtures throughout
Kitchen appliances ,including glass cooktops, refrigerators and built-in microwaves
Amenities: on-site laundry facilities, high speed internet access, walking distance to numerous attractions.
Property Facts
| Price | $4,373,880 CAD | Building Class | C |
| Price Per Unit | $82,526 CAD | Building Size | 18,650 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 53 | Year Built | 1963 |
| Property Type | Multifamily | Parking Ratio | 1.55/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | C2 | ||
| Price | $4,373,880 CAD |
| Price Per Unit | $82,526 CAD |
| Sale Type | Investment |
| No. Units | 53 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 18,650 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.55/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C2 |
Amenities
Unit Amenities
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 52 | - | 350 |
| 1+1 | 2 | - | 450 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 261-12-0-40-17-005.00-0 | Improvements Assessment | $191,294 CAD |
| Land Assessment | $19,136 CAD | Total Assessment | $210,430 CAD |
Property Taxes
Parcel Number
261-12-0-40-17-005.00-0
Land Assessment
$19,136 CAD
Improvements Assessment
$191,294 CAD
Total Assessment
$210,430 CAD
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Continental Apartments | 1408 Buffalo Jones Ave
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