This newly remodeled 12-unit apartment building presents an excellent investment opportunity in Iola, Kansas. Conveniently located with easy access to local employers, schools, and amenities, the property offers stable rental demand and strong long-term potential.
The building features twelve efficiently designed units that provide comfortable living space for tenants. The property has been updated from top to bottom and offers reliable income with opportunity for value-add improvements through rent optimization. This property is also subject to a tax rebate for the next ten years.
Additional highlights include ample parking, a manageable footprint for hands-on or passive investors, and a location well-suited for long-term tenancy. With Iola’s steady rental market, junior college, and small-town appeal, this property is ideal for investors seeking dependable cash flow in a growing regional market.
Whether you are a seasoned investor or looking to expand your portfolio, this 12-unit apartment complex offers a solid foundation with upside potential.
For additional financial details, rent roll information, or to schedule a private showing, contact Ben Jacks with Midwest Land Group at 580.304.9109 or bjacks@midwestlandgroup.com.