915 N Filmore St, Cheney, KS

Expired Multi-Family for Sale
Catylist Listing ID: 30633722
Property Subtypes: Mobile Home Park
Number of Units: 34 Units
Building Size (RSF): 1,000 SF
Gross Building Area: See Agent
Gross Land Area: 5.04 Acres
Sale Price: $920,000
Unit Price: $27,058.82 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 8.0%
Last Updated: 9/14/2020

Overview / Comments

34-space community with all public utilities and public roadways.​ The property is under-performing its true potential at its current 70.6% occupancy.​ Six park owned homes included with the sale.​

Located in Cheney, Kansas, a clean, prosperous smaller city within the Wichita, Kansas MSA.​ Desirable school district.​ Adjacent to the attractive Cherry Oaks Golf Course.​

Investment Highlights
All Public Utilities
All Public Streets
Desirable School District
Clean, Prosperous Smaller City with Appealing Demographics (Rents, Home Prices)
Six POH Included in Sale

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087173050330200100
Percent Occupied: 706%
Year Built: 1979

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,343 2,343 3,788
Median Age: 36.03 36.03 37.39
Households: 855 855 1,337

Contact

Photograph of Listing Agent

Kris Wessel

NAI Martens
KSCRE Member
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