Listed by ReeceNichols South Central Kansas
$695,000
Wellington 6-plex for Sale!
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,000
Units 6
Cap Rate 10.19%
NOI $70,812
Occupancy 100%
Pro-Forma Cap Rate 9.9%
Pro-Forma NOI $68,794
Price per SqFt $116
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 2
Lot Size (SqFt) 31,500
Investment Type Stabilized
Occupancy Date 01/01/2026
100% Occupied- 95% Tax Rebate
Marketing description
Capitalize on Wellington’s high rental demand with this 100% occupied, zero-maintenance 6-plex designed for maximum cash flow and long-term stability. This Class A asset features modern open-concept layouts, tenant-paid utilities, and high-efficiency systems, positioned perfectly to serve the I-35 growth corridor and the nearby Kansas Star Casino and South Wichita aerospace hubs.
Call Tim or Ryan for more info today!
Investment highlights
All 6 units occupied.
Sumner county NRP includes a 5 year tax rebate of 95% that began January of 2026.
Current NOI: $72,515
Blended 7 year hold PRO FORMA estimated NOI: $68,794
Listing Contacts
Listed by ReeceNichols South Central Kansas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,812.00
$5,901.00/mo
Valuation Metrics
0
DSCR
10.19%
Cap Rate
10.19%
ROI
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Property History
Tax History
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