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28355864
29076500

4557 N Sandplum Ct, Wichita, KS 67205

BR
KS BR SP00218596
Russell Real Resources
Listed by Russell Real Resources
$365,000
197 days on market
Updated 20 days ago

Edgewater Villas - North forty fifth addition

Details
Property Type Multifamily
Square Footage 2,752
Units 28
NOI $21,000
Occupancy 100%
Tenancy Multi
Pro-Forma NOI $23,000
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 14
Stories 1
Zoning MF duplex
Parking Spaces 2 per unit
Investment Type Stabilized
Ownership LLC
Sale Condition For sale by owner

Multifamily | 30 Units | $182,500/unit

Marketing description

Fully leased and stabilized NEW neighborhood of Edgewater Villas neighborhood near 45th Street N and Ridge Road in Northwest Wichita, KS. Duplex Townhomes are ideal for active, low maintenance lifestyles or to begin your investment portfolio.

Very popular plan with a functional 3 bedroom split floor design. Each side has three bedrooms, two full bathrooms and a large 2 car garage. Convenient location in Maize High School District with easy access to K96 Highway.

HOA manages the lawn mowing, sprinkler, and well water. Tenants cover utilities and trash. Living space is very nice with modern finishes, LVP flooring, granite in kitchen and bathrooms. Walk in pantry in kitchen. 9 foot ceilings. Outdoor covered patio with spacious rod-iron fenced backyards.

CAN BE SOLD AS PART OF A PACKAGE up to 40 doors in this area or 200 doors in the area

Investment highlights

Fully leased and stabilized NEW neighborhood of Edgewater Villas neighborhood near 45th Street N and Ridge Road in Northwest Wichita, KS. Duplex Townhomes are ideal for active, low maintenance lifestyles or to begin your investment portfolio.

Very popular plan with a functional 3 bedroom split floor design. Each side has three bedrooms, two full bathrooms and a large 2 car garage. Convenient location in Maize High School District with easy access to K96 Highway.

HOA manages the lawn mowing, sprinkler, and well water. Tenants cover utilities and trash. Living space is very nice with modern finishes, LVP flooring, granite in kitchen and bathrooms. Walk in pantry in kitchen. 9 foot ceilings. Outdoor covered patio with spacious rod-iron fenced backyards.

CAN BE SOLD AS PART OF A PACKAGE up to 40 doors in this area or 200 doors in the area

Listing Contacts

BR
KS BR SP00218596
Russell Real Resources
Listed by Russell Real Resources

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$21,000.00
$1,750.00/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Bree Russell, CCIM
License
BR SP00218596
Brokerage
Russell Real Reaources
Brokerage Phone
3165167417
Brokerage Address
6402 West Kollmeyer Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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