521 N 1st St - Apartments FOR SALE


Stockton, KS 67669
$362,500 USD
785-422-5155
521 N 1st St, Stockton, KS for Sale
$362,500 USD
Apartments - FOR SALE
1/15
null | 9.15% Cap Rate

521 N 1st St
Stockton, KS 67669


HIGHLIGHTS

  • 2024 Roof
  • Historic Apartment Complex
  • 10 Units

OVERVIEW

The Historic Owl Apartments in Stockton, Kansas offers a rare chance to own a property full of character, history, and income potential. The centerpiece is a 3-bedroom, 1-bath stone home dating back to the late 1800s, with possible eligibility for National Historic Register recognition. It’s also an ideal setup for someone wanting to live on-site while managing the property, with 9 additional rental units arranged around a spacious courtyard. The units include a mix of efficient studios to 2-bedroom, 2-bath layouts to accommodate a variety of tenant needs. With a new roof installed in 2024, a strong history of low vacancy, and reliable cash flow(9 CAP), this is a unique investment opportunity. Reach out to Trevyn Wolf at 785-422-5155 to schedule a showing or request financials.

FOR SALE DETAILS

PRICE

$362,500 USD

PRICE/SF

$54 USD /SF

# OF UNITS

10

PRICE/UNIT

$36,250

CAP RATE

9.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Commercial

APN/PARCEL ID

086-13-0-40-44-001.00-0

ASK ABOUT THIS PROPERTY

Trevyn WolfPlatinum GroupMore Info
785-422-5155

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Trevyn WolfPlatinum GroupMore Info
785-422-5155

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