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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28358048
28358049

3 Locations

SP
KS KS SP00241192
Berkshire Hathaway HomeServices PenFed Realty Wichita
Listed by Berkshire Hathaway HomeServices PenFed Realty Wichita
$850,000
307 days on market
Updated 37 days ago

Bel Aire, KS Duplex Package

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 4,344
Net Rentable (SqFt) 4,344
Units 4
Cap Rate 6.35%
NOI $53,988
Occupancy 100%
Broker Co-Op Yes
Class A
Year Built 2019
Buildings 2
Stories 1
Investment Type Stabilized
Ownership Corporate

Multifamily | 6.35% CAP | 4 Units

Marketing description

Unlock reliable cash flow with this exceptional investment package featuring two duplexes ( units total), both built in 2019 and located within the highly sought-after Circle School District. These well-maintained properties boast a strong rental history and are currently generating a combined gross annual income of $86,160. Tenant paid utilities include water, gas, electric. Much lower specials taxes than other comparable properties.

Each unit is thoughtfully designed with modern finishes, spacious floor plans, and energy-efficient systems, offering comfort and convenience for tenants and peace of mind for investors. The properties are fully occupied with long-term tenants, reflecting the high rental demand in the area.

Turnkey Investment with Upside Potential.

Investment highlights

100% Occupied

Low maintenance units with LVP flooring, built in the last 5 years, cement siding.

Suburban School District

Close proximity to area amenities

Listing Contacts

SP
KS KS SP00241192
Berkshire Hathaway HomeServices PenFed Realty Wichita
Listed by Berkshire Hathaway HomeServices PenFed Realty Wichita

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,988.00
$4,499.00/mo

Valuation Metrics

0
DSCR
6.35%
Cap Rate
6.35%
ROI

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Additional Information

Name
Shane Pullman
License
KS SP00241192
Brokerage
Shane Pullman
Title
Real Estate Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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