803 S Logan St - Apartments FOR SALE


Newton, KS 67114
$2,900,000 USD
316-210-2061
803 S Logan St, Newton, KS for Sale
$2,900,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

803 S Logan St
Newton, KS 67114


OVERVIEW

16-Unit multifamily portfolio with strong location fundamentals positioned near I-135 and the US-50 corridor. Low risk profile with historically strong occupancies since conception New construction builds with modern and quality finishes throughout Strong amenities with a lakeside view- low maintenance homes for tenants Rents ready to be increased to match the developments market rent at $1,600

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$40 USD /SF

# OF UNITS

16

PRICE/UNIT

$181,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10th St Terrace at Fox Ridge

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.25 AC

LAND SF

315,810 SF

ZONING

R-3 Residential

APN/PARCEL ID

095-21-0-30-13-002.00-0,095-21-0-30-13-003.00-0,095-21-0-30-13-004.00-0,095-21-0-30-13-005.00-0,095-21-0-30-13-006.00-0,095-21-0-30-13-007.00-0,095-21-0-30-13-008.00-0,095-21-0-30-13-009.00-0,095-21-0-30-13-010.00-0,095-21-0-30-13-011.00-0,095-21-0-30-13-012.00-0,095-21-0-30-14-001.00-0,095-21-0-30-14-002.00-0,095-21-0-30-14-003.00-0,095-21-0-30-14-004.00-0,095-21-0-30-14-005.00-0,095-21-0-30-14-006.00-0,095-21-0-30-14-007.00-0,095-21-0-30-14-008.00-0,095-21-0-30-14-009.00-0,095-21-0-30-14-010.00-0,095-21-0-30-14-011.00-0,095-21-0-30-14-012.00-0,095-21-0-30-15-001.00-0,095-21-0-30-15-002.00-0,095-21-0-30-15-003.00-0

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.