Listed by ReeceNichols South Central Kansas
$2,250,000
3590 N Woodlawn
Details
Property Type Mixed Use
Sub Type Flex/ Daycare
Square Footage 19,521
Units 2
Cap Rate 6.51%
NOI $146,538
Occupancy 88%
Tenancy Multi
Lease Type Modified
Lease Expiration 05/01/2027
Remaining Term 0.9
Pro-Forma Cap Rate 7.97%
Pro-Forma NOI $179,256
Price per SqFt $115
Year Built 2007
Acreage 1.720
Zoning Limited Commercial
Investment Type Stabilized
Mixed Use | 6.51% CAP | 19,521 SqFt
Marketing description
Well designed and built investment building located in desirable NE quadrant of Wichita. Strong anchor tenant in the high demand childcare industry make this an excellent opportunity for an investor to add to their real estate portfolio. Current owner has a proven track record of developing and taking care of quality real estate. Give us a call today to discuss.
Listing Contacts
Listed by ReeceNichols South Central Kansas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$146,538.00
$12,211.50/mo
Valuation Metrics
0
DSCR
6.51%
Cap Rate
6.51%
ROI
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