Listed by NAI Martens
$3,800,000
Woodland Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Units 46
Cap Rate 7.92%
Occupancy 98%
Pro-Forma NOI $300,833
Class B
Buildings 3
Winfield, Kansas
Marketing description
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.)
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Investment highlights
46-Unit Multifamily Property
27 Units – 2 Bedroom / 2 Bath, $900/month asking rent
2 Units – 3 Bedroom / 1 Bath, $950/month asking rent
17 Units – 3 Bedroom / 2 Bath, $950/month asking rent
Tenant pays gas and electric. Landlord pays trash and water
Sale Price: $3,800,000
NOI (Proforma): $300,833
Cap Rate: 7.92%
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Listed by NAI Martens
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P SpecialPublic Use
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View all 19 uses Last updated Jun 3, 2026 For deeper zoning details, reports are available at Zoneomics
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