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For Sale
Woodland Apartments
2804 E 9th Ave.,
Winfield, KS 67156
Winfield, KS 67156
Asset Snapshot
46 Units
Unit Count
0 SF
Average Unit Size
51,600 SF
Property Size
Offering Summary
Investment Overview
Woodland Apartments offers 46 two and three-bedroom units. The original building was renovated in 2014 and the new building was constructed in 2015. The property has spacious units with high-end finishes, washer & dryer hook-ups, and all stainless-steel appliances. Woodland Apartments is located on the east side of Winfield along Hwy. 160 (9th Ave.)Investment Highlights
- 46-Unit Multifamily Property
- Original building constructed in 1972 and renovated in 2014. Newer building constructed in 2015
- Spacious units with high-end finishes
- Tenant pays gas and electric. Landlord pays trash and water
- NOI (Proforma): $300,833
- Cap Rate: 7.92%
- Sale Price: $3,800,000
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