2510 E Lincoln St - Apartments FOR SALE


Wichita, KS 67211- East Front/Sunnyside
$2,550,000 USD
316-210-2061
2510 E Lincoln St, Wichita, KS for Sale
$2,550,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

2510 E Lincoln St
Wichita, KS 67211
East Front/Sunnyside


OVERVIEW

The property offers excellent highway connectivity with quick access to both I-235 and Kellogg, placing tenants within minutes of Wichita's strongest employment corridors. Major nearby demand drivers include Via Christi St. Joseph Hospital, Cox Communications' administrative offices, and Wichita State Technical College, among others. Downtown Wichita is approximately 5 minutes away, a core employment hub supporting over 26,000 workers across government, healthcare, education, and financial services, providing a stable, diverse renter base with consistent housing demand. The Property has undergone a meaningful capital improvement program, with recent exterior upgrades including new lighting, security cameras, balconies added to all 2BR units, updated exterior doors, and a full roof replacement on Building 2520. Interior renovations have been completed on approximately 20 units, featuring new flooring, updated cabinetry, refreshed bathroom vanities, modern light fixtures, fresh paint throughout, and new boilers for hot water — positioning the property well for continued rent growth as additional units are turned.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$111 USD /SF

# OF UNITS

34

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Boulevard Plaza

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,150 SF

ZONING

Multi Family & Gen Office

APN/PARCEL ID

128-27-0-13-06-012.00,128-27-0-13-06-013.00,128-27-0-13-06-014.00,128-27-0-13-06-015.00

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.