Rushwood Duplexes

Multi-Family for Sale
Catylist Listing ID: 30527958
Property Subtypes: Duplex/Fourplex
Number of Units: 10 Units
Building Size (RSF): 20,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.11 Acres
Sale Price: $1,275,000
Unit Price: $127,500 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Last Updated: 1/13/2020

Overview / Comments

10-unit duplex development (5 buildings)
Built in 1999-2000
3 Bedroom / 3 Bath units
Approximately 2,000 SF/unit
Tenants pay all utilities & trash
Land size - 1.11 acres total
Average Current Rent: $1,186
Current Asking Rents: $1,210
2018 Taxes: $12,635
2018 NOI: $100,594
Cap Rate: 7.9%
Asking Price: $1,275,000

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087109310220201600
Total Number of Buildings: 5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,723 48,386 129,728
Median Age: 33.39 34.51 34.55
Households: 4,428 19,653 50,942

Contact

Photograph of Listing Agent

Nathan Farha

NAI Martens
KSCRE Member
Photograph of Listing Agent

Jeff Englert

NAI Martens
KSCRE Member
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