1645 S Hydraulic St - Apartments FOR SALE


Wichita, KS 67211- South Central
$630,000 USD
316-210-2061
1645 S Hydraulic St, Wichita, KS for Sale
$630,000 USD
Apartments - FOR SALE
1/11
null | 7.85% Cap Rate

1645 S Hydraulic St
Wichita, KS 67211
South Central


HIGHLIGHTS

  • Minutes away from all core amenities along with schools, retail and highways
  • Occupancy: 100% with a waiting list

OVERVIEW

The Osie Apartments present an outstanding investment opportunity consisting of 12 fully renovated one-bedroom units across three buildings. Completed in 2024, the renovation included updates to both interiors and exteriors, positioning the property for long-term stability with minimal deferred maintenance. Currently 100% occupied with a waiting list, the property offers investors immediate cash flow and strong tenant demand. Located minutes from schools, retail, and major highways, Osie Apartments benefit from a central Wichita location in a well-established rental market. Offered at $630,000 ($52,500 per unit) with a pro forma cap rate of 7.85%, this asset is ideal for investors seeking a turnkey, stabilized multifamily property.

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

12

PRICE/UNIT

$52,500

CAP RATE

7.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Osie Fourplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

128-33-0-11-01-013.00

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 Policy.