Share This Listing

Message

942 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Woodland Apartments 2804 E 9th Ave 46 Unit Apartment Building $5,304,496 CAD ($115,315 CAD/Unit) 7.92% Cap Rate Winfield, KS 67156

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 46-Unit Multifamily Property
  • NOI (Proforma): $300,833
  • Tenant pays gas and electric. Landlord pays trash and water
  • Cap Rate: 7.92%

EXECUTIVE SUMMARY

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.)

PROPERTY FACTS

Price $5,304,496 CAD
Price Per Unit $115,315 CAD
Sale Type Investment
Cap Rate 7.92%
No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 4.16 AC
Building Size 51,600 SF
No. Stories 1
Year Built 1972
Parking Ratio 1.92/1,000 SF
Zoning RIB

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 27 - -
3+1 2 - -
3+2 17 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
176-23-0-30-01-012.00-0
Land Assessment
$9,325 CAD
Improvements Assessment
$385,357 CAD
Total Assessment
$394,682 CAD
  • Listing ID: 31024502

  • Date on Market: 2024-02-22

  • Last Updated:

  • Address: 2804 E 9th Ave, Winfield, KS 67156

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}