735 SW Jackson St - Apartments FOR SALE


Topeka, KS 66603- Downtown Topeka
$2,500,000 USD
913-214-6445
735 SW Jackson St, Topeka, KS for Sale
$2,500,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

735 SW Jackson St
Topeka, KS 66603
Downtown Topeka


HIGHLIGHTS

  • On-site workout facility
  • On-site movie/media room
  • Gated off-street parking (25 stalls)
  • In-unit washer and dryer
  • Great highway access - minutes from I-70
  • Steps from the Kansas State Capitol and numerous downtown employers

OVERVIEW

Jackson Street Lofts is a 21-unit, garden-style multifamily asset located at 735 SW Jackson Street in the core of Downtown Topeka, Kansas. Steps away from Evergy Plaza and the city's expanding restaurant and redevelopment corridor. Built in 1953 and fully renovated in 2015, the property offers updated kitchens and baths, in-unit laundry, and centralized HVAC across a broad unit mix. With 100% current occupancy and in-place rents still trailing market, Jackson Street Lofts presents a stabilized, opportunity in a revitalizing downtown submarket.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

21

PRICE/UNIT

$119,048

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jackson Street Lofts

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

D-1

APN/PARCEL ID

109-31-0-40-05-003-030

ASK ABOUT THIS PROPERTY

Jay Ruf Jr.Peak Real Estate PartnersMore Info
913-214-6445

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Jay Ruf Jr.Peak Real Estate PartnersMore Info
913-214-6445

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