918-857-5961
222 E Elm St
Wichita, KS 67214
Midtown Wichita
HIGHLIGHTS
- The Commodore offers the rare chance to revitalize a 103-unit, landmark multifamily building in Wichita’s CBD.
- Prime downtown location, within 1 mile of Central Riverside Park, Intrust Bank Arena, and Century II Performing Arts and Convention Center.
- Preserved features include wood windows, terra cotta details, and an opulent lobby with beamed ceilings, wrought-iron railings, and original lighting.
- Ideal for commuters, the building is within 15 minutes of major employers, including Spirit AeroSystems, Koch Industries, and Textron Aviation.
- Performing multifamily market, with vacancies of just 6.7% and rent growth of 2.1% during the past 12 months, outperforming the national index.
- Recent upgrades include new water lines & electrical service, baseboard heating in the units on the first two floors, and repairs to the brick facade.
FOR SALE DETAILS
PRICE
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# OF UNITS
94
CAP RATE
Request Cap Rate
% LEASED
0%
STATUS
Under Renovation
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Revitalize a CBD Landmark Multifamily Tower
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
9
YEAR BUILT
1929
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.21 AC
LAND SF
9,148 SF
ZONING
GC
APN/PARCEL ID
124-17-0-44-07-011.00
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918-857-5961
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918-857-5961
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