Woodland Apartments

2804 E 9th Ave. Winfield, KS 67156

Winfield
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,800,000
Last Verified:
Feb 22, 2024

Highlights

  • 46-Unit Multifamily Property
  • Original building constructed in 1972 and renovated in 2014. Newer building constructed in 2015
  • Spacious units with high-end finishes
  • Tenant pays gas and electric. Landlord pays trash and water
  • NOI (Proforma): $296,266
  • Cap Rate: 7.80%
  • Sale Price: $3,800,000

Description

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.)

Located in Winfield, KS

Building Size: 51600sq ft
Lot Size: 0 acres


Documents

Woodland Apartments Flyer.pdf

Map of 2804 E 9th Ave., Winfield, KS, 67156

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.