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INVESTMENT HIGHLIGHTS
- - Excellent investment opportunity: two fully occupied apartment buildings (20 units total).
- - Low-maintenance structures: one concrete cinder block building with metal roof; one brick building with composite shingles
- - Updated interiors throughout, enhancing tenant satisfaction and rental appeal.
- - Turnkey operation ready for immediate income and stable cash flow.
- - Mix of studios and two-bedroom, one-bath units appealing to diverse tenants.
- - Solid construction ensures longevity and reduced capital expenditures.
EXECUTIVE SUMMARY
Excellent investment opportunity with two well-maintained, fully occupied apartment buildings totaling 20 units. One property is a concrete cinder block structure with a durable metal roof, while the other features a brick exterior with composite shingles. The properties include a mix of studios and two-bedroom, one-bath units. Updated interiors and solid construction ensure longevity and stability. Turnkey operation ready for immediate income, perfect for investors seeking stable cash flow with low maintenance. Don't miss this chance to grow your portfolio with these high-quality, income-generating multifamily properties. Property is being sold as a package with another apartment building in Yates Center. Please contact listing agent for more details.
PROPERTY FACTS
| Price | $1,114,765 CAD | Number of Properties | 2 |
| Price / SF | $84.37 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 10% | Total Building Size | 13,213 SF |
| Sale Type | Investment | Total Land Area | 1.42 AC |
| Status | Active |
| Price | $1,114,765 CAD |
| Price / SF | $84.37 CAD / SF |
| Cap Rate | 10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 13,213 SF |
| Total Land Area | 1.42 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 600 E Mary St, Yates Center, KS 66783 | Multifamily | 9,417 SF | 1960 | - |
| 100 N Green St, Yates Center, KS 66783 | Multifamily | 3,796 SF | - | - |
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Yates Center Multifamilty
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