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Mahaska Apartments 205 S School Ave 12 Unit Apartment Building $104,694 CAD ($8,725 CAD/Unit) Mahaska, KS 66955
INVESTMENT HIGHLIGHTS
- Distress sale, use HTCs for a TLC refresh.
EXECUTIVE SUMMARY
Very Small town. eligible for Historic Tax Credits - needs about $150k of renovation to get 12 units back on line, so about half of that would be covered with 20% Fed and 40% State historic credits. the 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.
do not call unless you have read this.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$2,094
|
$0.06
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,094
|
$0.06
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $2,094 |
| Annual Per SF | $0.06 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $2,094 |
| Annual Per SF | $0.06 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 4 | - | - |
| 3+2 | 3 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0530701005001000 | Total Assessment | $14,970 CAD (2025) |
| Land Assessment | $1,681 CAD (2025) | Annual Taxes | $2,094 CAD ($0.06 CAD/SF) |
| Improvements Assessment | $13,289 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0530701005001000
Land Assessment
$1,681 CAD (2025)
Improvements Assessment
$13,289 CAD (2025)
Total Assessment
$14,970 CAD (2025)
Annual Taxes
$2,094 CAD ($0.06 CAD/SF)
Tax Year
2024
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Mahaska Apartments | 205 S School Ave
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