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Oakdale Apartments 709-713 Sylvan St 32 Unit Apartment Building $2,378,816 CAD ($74,338 CAD/Unit) 6.50% Cap Rate Emporia, KS 66801

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EXECUTIVE SUMMARY

The Oakdale Apartments present a tremendous investment opportunity with significant upside in one of Emporia’s most promising multifamily submarkets. This well-located property offers strong fundamentals and a clear path for value creation through continued improvements and management optimization. Featuring a mix of spacious one- and two-bedroom units, Oakdale benefits from steady rental demand and a location convenient to schools, major employers, and the downtown district. With market rents in the area on the rise, the property is perfectly positioned for an investor seeking to elevate returns through strategic upgrades and increased operational efficiency. Oakdale delivers the scale, location, and long-term potential that make Emporia an emerging hub for multifamily investment in central Kansas.

PROPERTY FACTS

Price $2,378,816 CAD
Price Per Unit $74,338 CAD
Sale Type Investment
Cap Rate 6.50%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Gross Rent Multiplier 10.4
No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.76 AC
Building Size 32,000 SF
No. Stories 2
Year Built 1977
Zoning R3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 32 - -
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
192-10-0-40-30-001.00-0
Land Assessment
$14,435 CAD
Improvements Assessment
$95,822 CAD
Total Assessment
$110,257 CAD
  • Listing ID: 38433512

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 709-713 Sylvan St, Emporia, KS 66801

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