700 Janet St - Apartments FOR SALE


Clearwater, KS 67026
$1,400,000 USD
316-371-8087
700 Janet St, Clearwater, KS for Sale
$1,400,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

700 Janet St
Clearwater, KS 67026


OVERVIEW

Mimosa Arms – Affordable Section 8 Apartments in Clearwater, KS Located at 700 Janet St, Mimosa Arms offers income-based 1, 2, and 3-bedroom apartments in a quiet, small-town setting just 25 minutes from Wichita. Each unit features central heat and air, kitchen appliances, washer and dryer hookups, and water/trash included. Community amenities include a playground, bike racks, and a spacious community room. Managed by Key Management, Mimosa Arms is a 30-unit property accepting Section 8 assistance. Rent is based on income.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$47 USD /SF

# OF UNITS

30

PRICE/UNIT

$46,667

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mimosa Arms

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.28 AC

LAND SF

142,790 SF

ZONING

-

APN/PARCEL ID

266-23-0-41-02-014.00

ASK ABOUT THIS PROPERTY

David LeyhLandmark Commercial Real EstateMore Info
316-371-8087

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David LeyhLandmark Commercial Real EstateMore Info
316-371-8087

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