1111 Vattier St, Manhattan, KS 66502

Original Design 18-Plex located 1 block from KSU Campus and 1 Block from Aggieville. Fully Rented minus one unit being remodeled. . In the process of renewing and releasing for next school year. Easy Maintnence all Brick construction. Annual Rent: $198,480.00 (fully rented) Zoned RC - High density Residential Urban Core (refer to City Zoning Regs) Also located in the Federal Qualified Tax Opportunity Zone (See IRS Wbsite for tax savings details) Current Insurance: $7500 (Farm Bureau) Annual Owner Paid Utilities: $22,944 TOTAL Water $893/House Electric $138/ Trash $132/Internet $749 (not calculated) The owner currently provides internet to the tenants through WTC at a rate of $39/unit/mo. WTC retail is $59/unit/mo. The owner has opted to provide this as a service but the next owner could easily offset this expense by adding a Utility Fee and passing the expense on to the tenant. NOI: $149,392 w/o cable/internet NOI $142,000 w/ Cable/internet