Topeka Multifamily Portfolio
38-Unit Multifamily Portfolio & Development Parcel | Topeka Assemblage
Marketing description
Haith & Company, Inc. is pleased to present a rare investment opportunity to acquire a versatile multifamily assemblage located at the intersection of SW Huntoon and SW Fillmore Streets in Topeka, Kansas. Offered at $2,600,000, this comprehensive portfolio consists of 38 total units plus one additional land parcel, providing a mix of stable cash flow and value-add potential.
The portfolio is anchored by a 24-unit apartment building (1256 SW Fillmore) and includes two single-family homes, two tri-plexes, and three duplexes. This diversity of asset types allows for a broad tenant base and risk mitigation. Strategically positioned just 0.9 miles from the Kansas State Capitol Building and 1.0 mile from Washburn University, the properties benefit from high visibility and proximity to major employment and education hubs. Investors have the flexibility to purchase the entire portfolio as an assemblage or acquire individual properties within the group.
Investment highlights
Total Portfolio Units: 38 Units + 1 Development Land Parcel.
Anchor Asset (1256 SW Fillmore): A 24-unit, 3-story apartment building featuring (18) 1-bedroom and (6) 2-bedroom units.
Diverse Unit Mix: Includes (2) Single Family Homes, (2) Tri-plexes, and (3) Duplexes.
Prime Location: Ideally situated 0.9 miles from the Capitol Building, 1.0 mile from Washburn University, and 1.3 miles from I-70.
Value-Add Potential: Portfolio includes units requiring renovation (923 SW Huntoon) and properties with vacancy (925 SW Huntoon), offering immediate upside through capital improvements.
Flexible Acquisition: Properties are available as a complete portfolio assemblage or can be purchased individually.
Parking & Land: The 24-unit building includes 18 dedicated parking spaces, and the portfolio includes a separate land parcel for future development.
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