Historic Owl Apartments
Multifamily | 10 Units | $32,500/unit
Marketing description
The Historic Owl Apartments in Stockton, Kansas offers a rare chance to own a property full of character, history, and income potential. The centerpiece is a 3-bedroom, 1-bath stone home dating back to the late 1800s, with possible eligibility for National Historic Register recognition. It’s also an ideal setup for someone wanting to live on-site while managing the property, with 9 additional rental units arranged around a spacious courtyard. The units include a mix of efficient studios to 2-bedroom, 2-bath layouts to accommodate a variety of tenant needs. With a new roof installed in 2024, a strong history of low vacancy, and reliable cash flow(10 CAP), this is a unique investment opportunity. Reach out to Trevyn Wolf at 785-422-5155 to schedule a showing or request financials.
Investment highlights
- Historical property
- Stone home dating back to the late 1800s
- New roof in 2024
- 10% cap rate
- 10 units
- 26 bedrooms
- 13 bathrooms
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