Welcome to your next investment opportunity- a thriving 24 unit apartment community nestled in a serene residential neighborhood. The property has a gross revenue of $163,620 with an opportunity to continue to increase rent rates to market value. There have been many updates in the last two years including new roofs, approximately $35,000 of exterior repairs such as concrete in parking lot, new water main lines to each building, some siding and exterior painting. Interior upgrades include 5 hvac units, 4 water heaters, 3 refrigerators, as well as cosmetic updates to paint/flooring/bathrooms/ etc during each turn over. There is on site parking for each unit as well as other amenities including onsite laundry facilities, ample green space, private patio/balcony to each unit, and more. Don't delay schedule your showing today!
Sold
Price Unknown
739 N Sheridan St, Wichita, KS 67203
24beds
--baths
12,300sqft
Multi Family
Built in 1983
-- sqft lot
$1,327,200 Zestimate®
$--/sqft
$759 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 15, 2023 at 07:01pm
Listed by:
Nela Bayouth 316-978-9777,
Reece Nichols South Central Kansas
Source: SCKMLS,MLS#: 630101
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
Heating
- Electric
Cooling
- Multi Units, Electric, Other
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Carpet, Tile, Wood
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 12,300 sqft
Property
Parking
- Total spaces: 24
- Parking features: 1 per Unit, Paved
Details
- Parcel number: 000000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Garden
- Property subtype: Multi Family
Materials
- Frame, Other
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Water: Public
- Utilities for property: Public, Sewer Available
Community & neighborhood
Security
- Security features: Central Laundry
Location
- Region: Wichita
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Ownership: Corporate,Individual