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Mahaska Apartments 205 S School Ave 12 Unit Apartment Building $102,220 CAD ($8,518 CAD/Unit) Mahaska, KS 66955
Investment Highlights
- Distress sale, use HTCs for a TLC refresh.
- The key to this property is to be able to lease in a very rural market
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 |
$2,044
|
$0.06
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,044
|
$0.06
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $2,044 |
| Annual Per SF | $0.06 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $2,044 |
| 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 | $14,579 CAD (2025) |
| Land Assessment | $1,637 CAD (2025) | Annual Taxes | $2,044 CAD ($0.06 CAD/SF) |
| Improvements Assessment | $12,942 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
0530701005001000
Land Assessment
$1,637 CAD (2025)
Improvements Assessment
$12,942 CAD (2025)
Total Assessment
$14,579 CAD (2025)
Annual Taxes
$2,044 CAD ($0.06 CAD/SF)
Tax Year
2024
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Mahaska Apartments | 205 S School Ave
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