222 E Elm St - Apartments FOR SALE


Wichita, KS 67214- Midtown Wichita
$699,000 USD
949-706-6119
222 E Elm St, Wichita, KS for Sale
$699,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

222 E Elm St
Wichita, KS 67214
Midtown Wichita


HIGHLIGHTS

  • 40 off-street parking spaces
  • Expansive city views
  • Hardwood floors & large windows throughout
  • High-Density Potential: 94-unit floorplan ideal for urban housing conversion.
  • Strategic Location: Within 15 minutes of Spirit AeroSystems, Koch Industries, and Textron Aviation.
  • Located near Wichita State University (WSU), where 90% of the 16,000+ students live off-campus.

OVERVIEW

FRE Auctions and Litsey Commercial Real Estate are pleased to present this Auction Plus opportunity (allows for contingencies) to revitalize this 94 unit historic asset. This property is available via Online Auction at www.FRE.com/543D6 with a starting bid of $699,000.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$15 USD /SF

# OF UNITS

103

PRICE/UNIT

$6,786

CAP RATE

Request Cap Rate

% LEASED

0%

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

94-Unit Apartment Building w City Views

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

ASK ABOUT THIS PROPERTY

Valeria VazquezLFC Communications, Inc., Dba FREMore Info
949-706-6119

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Valeria VazquezLFC Communications, Inc., Dba FREMore Info
949-706-6119

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