803 S Logan St - Multi-Family FOR SALE


Newton, KS 67114
$3,217,500 USD
316-867-3600
803 S Logan St, Newton, KS for Sale
$3,217,500 USD
Multi-Family - FOR SALE
1/132
null | Request Cap Rate

803 S Logan St
Newton, KS 67114


OVERVIEW

NEW CONSTRUCTION!!! Here is an opportunity for a turn-key package on 18 units in 9 new duplexes. The property package is offered in total with to generate substantial rental income. This has it all, high quality, clean simple design and new subdivision near great amenities. Builder is currently finishing the properties. Three bedrooms, 2 full baths with 2 car garage. This is a zero-entry, open concept duplex with no steps throughout. Interior features include LVP flooring throughout, and kitchen features a large quartz island and countertops, soft close cabinets and drawers, walk-in pantry and stainless-steel appliances: electric range /oven, dishwasher, built-in microwave, and refrigerator. The primary bedroom features an en suite bathroom with walk-in shower and spacious walk-in closet. Bathroom vanity is topped with quartz countertops; cabinets and drawers are soft-close. The hall bath features shower-tub combo and quartz vanity. General and special taxes have not been spread yet, and both general and specials have been estimated. Special taxes are estimated at $209.23 monthly per duplex, paid out over 20 years, per developer. Per Seller, Builder will be providing a 1-year builder limited warranty, issued upon completion of each building. HOA dues are $1,680 per lot with a $500 initiation fee per lot. also per developer. Agents and buyers should verify all information concerning property taxes, school assignments and HOA information. All information deemed reliable but not guaranteed.

FOR SALE DETAILS

PRICE

$3,217,500 USD

PRICE/SF

$143 USD /SF

# OF UNITS

18

PRICE/UNIT

$178,750

CAP RATE

Request Cap Rate

% LEASED

0%

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NEW BUILDS - 9 Duplex Package in Newton, KS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-3 Residential

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Braden McCurdyMcCurdy Real Estate & AuctionMore Info
316-867-3600

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Braden McCurdyMcCurdy Real Estate & AuctionMore Info
316-867-3600

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