1571 N Gentry Dr - Apartments FOR SALE


Wichita, KS 67208- East Wichita
$1,900,000 USD
316-210-2061
1571 N Gentry Dr, Wichita, KS for Sale
$1,900,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

1571 N Gentry Dr
Wichita, KS 67208
East Wichita


HIGHLIGHTS

  • 22-Unit Single Family Home Portfolio
  • Strategically clustered portfolio allowing for efficient operations or potential development opportunity
  • Great location next to Wichita State University and directly adjacent to the Wichita State Innovation Campus
  • 2 vacant lots included allowing for future development opportunities
  • Gross Potential Income of $23,000+-/month on existing 22-units

OVERVIEW

This offering consists of 22-Unit single-family homes along with 2 vacant lots strategically clustered together adjacent to Wichita State University and the Wichita State Innovation Campus, creating a rare opportunity to acquire a contiguous assemblage in a prime long-term location. The proximity to the university and Innovation Campus positions this portfolio at the center of ongoing academic, medical, research, and private-sector investment, driving long-term demand and continued area transformation.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

22

PRICE/UNIT

$86,364

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WSU Single Family Portfolio

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

SF-5

APN/PARCEL ID

121-11-0-34-07-022.00

ASK ABOUT THIS PROPERTY

Trent GarmanNAI MartensMore Info
316-210-2061

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Trent GarmanNAI MartensMore Info
316-210-2061

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.