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1502 East Fulton Street Garden City, KS 67846

  • $1,675,000
  • 10,816 sq ft
  • Year Built: 1986
  • Commercial
  • Listing #13902

Property Description

28-Unit Efficiency Apartment Complex. Turnkey investment with upside potential. 7.97% Cap Rate. Located in the steadily growing community of Garden City, this fully operational 28-unit multifamily property offers strong rental demand and stable income. Originally built in 1986 and renovated in 2019, the complex includes: 25 studio units, 1 large studio, 1 one-bedroom unit, 1 three-bedroom unit. Each unit is equipped with a gas range and refrigerator, with most featuring a dishwasher. Tenants enjoy the comfort of PTAC heating/cooling systems, and the property is secured with surveillance cameras and a fire sprinkler system throughout. Low vacancy rate in a high-demand rental market. Owner-paid utilities. Onsite laundry and mail delivery. Whether you're expanding your portfolio or diving into multifamily real estate, this cash-flowing property is ready to go!

Listing Details

Price$1,675,000
Year Built1986
Property TypeCommercial
Listing #13902
StatusActive
Listing TypeFor Sale

Interior Features

Square Feet10,816

Exterior Features

Lot Size0.62 acres

Community Information for Garden City, KS 67846

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Community overview information from Home Junction Inc.

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