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29062164
27886497

1502 E Fulton St, Garden City, KS 67846

JW
KS 00251718
NextHome Dana Trahern Reaty
Listed by NextHome Dana Trahern Reaty
$1,495,000
236 days on market
Updated 17 days ago

Blue Jay Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,816
Units 28
NOI $140,684
Occupancy 90%
Broker Co-Op Yes
Class B
Year Built 1986
Year Renovated 2019
Buildings 2
Stories 2
Lot Size (SqFt) 26,986
Zoning C2
Parking Spaces 2 per unit
Investment Type Stabilized
Ground Lease No
Ownership RCJH Rentals LLC

Multifamily | 28 Units

Marketing description

28-Unit Efficiency Apartment Complex. Turnkey investment with upside potential. Located in the steadily growing community of Garden City, this fully operational 28-unit multifamily property offers strong rental demand and stable income. Originally built in 1986 and renovated in 2019, the complex includes: 25 studio units, 1 large studio, 1 one-bedroom unit, 1 three-bedroom unit. Each unit is equipped with a gas range and refrigerator, with most featuring a dishwasher. Tenants enjoy the comfort of PTAC heating/cooling systems, and the property is secured with surveillance cameras and a fire sprinkler system throughout. Low vacancy rate in a high-demand rental market. Owner-paid utilities. Onsite laundry and mail delivery. Whether you're expanding your portfolio or diving into multifamily real estate, this cash-flowing property is ready to go!

Sellers are not interested in any kind of seller financing but will entertain any offers that are financed or cash

Investment highlights

Sellers are not interested in any kind of seller financing but are open to any offers that are cash or financed

Listing Contacts

JW
KS 00251718
NextHome Dana Trahern Reaty
Listed by NextHome Dana Trahern Reaty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,684.00
$11,723.67/mo

Valuation Metrics

0
DSCR
9.41%
Cap Rate
9.41%
ROI

Map

Zoning

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A AgricultureAgricultural District
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View all 37 uses
View all 37 uses
Last updated May 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Jessica Willimon
License
00251718
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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