112 N Ninnescah St, Pratt, KS 67124

Great business opportunity, 12 unit multi - family property. NEARLY 100% OCCUPIED previously before major construction in 2020!! 12 units total 9 - 1 bedroom & 3 - 2 bedroom all with a living room, kitchen with updated kitchenettes, refrigerator, microwave, elect stove is an option, new bathroom & bedroom with closest. All apartments refurbished with paint, flooring, textured walls, new PEX water lines, new window and new doors. 3 new hot water heaters - one for each floor, 1 boiler unit for the complex new 2008. There is a laundry room w/two washers and two dryers, all coin operated, adjacent to the front foyer that houses the mailboxes and a vending machine. There is another community room in the basement which houses two more vending machines. This was once a studio apartment & could be rented as an additional studio apartment as an option. Office on third level was a studio apartment as well but currently being used as an office and offers security system with 4 exterior/8 interior (12 total) cameras, this room also houses extra appliances and supplies. Outside has rear parking sufficient for 1 car per tenant, heated treated mats on front steps. In 2020 this property went under major transformation. Eleven apartments were rewired & each include a breaker box and are metered separately so each tenant now pays their electric! Currently under new management with an 18 month contract which can renewed upon expiration. Don't miss out on this investment property call today.