Residential Investment Package, El Dorado, KS

Multi-Family for Sale
Catylist Listing ID: 30297989
Number of Units: 10 Units
Building Size (RSF): 10,516 SF
Gross Building Area: See Agent
Sale Price: $675,000
Unit Price: $67,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/14/2018

Overview / Comments

10 single family rental properties located in El Dorado, KS.
• Strong rental income
• Current Occupancy 100%
• Strong rental demand
• Residential portfolio made up of 2 & 3 bedroom homes

These homes have been being managed by a management company and are in good shape. All are occupied with on going 1 yr leases. They range in size from 768 sq ft to 1824 sq ft.

Gross rents: $6,700/month
Tenants pay all utilities

El Dorado is located 25 miles east of Wichita with a population of 13,000. Home of Butler Community College Main Campus and El Dorado Lake State Park.
Large employers include HollyFrontier Refinery, Susan B. Allen Memorial Hospital, El Dorado Correctional Facility, Schools-USD 490 and BCC, Pioneer Balloon and many petroleum based and support businesses.

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Butler
Taxing Authority: Butler County
Zoning: RESIDENTIAL
Percent Occupied: 100%
Total Number of Buildings: 10
Property Condition: Good

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,976 11,883 16,636
Median Age: 33.1 35.45 34.73
Households: 2,116 4,935 6,105

Contact

Photograph of Listing Agent

Linda Baines

SunGroup, Inc. KSCRE Member
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