
Listed by Back 9 Realty
$6,500,000
1700 N Manhattan Avenue
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 28
Price per SqFt $114
Year Built 1966
Lot Size (SqFt) 57,064
Multifamily | 28 Units
Marketing description
This recently renovated property presents a rare opportunity for a real estate investor or investment group to acquire a condominium portfolio with diversified income streams and multiple value creation strategies. The asset currently consists of a blend of short term rental units, long term leased residences, and inventory available for future lease up or disposition. The 28 units includes all-new updates: roof, insulation, exterior, composite decks, elevator, electrical, plumbing, HVAC, Custom Woods Cabinetry, Quartz counters, full-size appliances, and a separate laundry space.This structure offers immediate cash flow, portfolio diversification, and multiple exit strategies, making it an attractive investment for groups seeking both current yield and long term appreciation potential. Please contact Lori at Back 9 Realty for more information- 785.236.0164.
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Listed by Back 9 Realty
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