For Sale
$1,950,000

2510 Lincoln St Wichita, KS 67211

24-Unit Apartment Complex, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a 24-unit apartment complex located in Wichita, Kansas, at 2510 E Lincoln St, zip code 67211. The property, known as Boulevard Plaza Apartments, consists of two, two-story buildings totaling 23,020 square feet situated on a one-acre lot. Built in 1967, the complex boasts a 97% occupancy rate, generating a Net Operating Income (NOI) of $116,631. The property features a mix of one and two-bedroom units

Highlights

  • 34-unit multifamily property
  • 3% vacancy rate, demonstrating strong occupancy.
  • Excellent rental income potential.
  • Ample parking with over 50 spaces.

Property Details for 2510 Lincoln St

Property type
Apartment buildings
Square Feet
23,020 SF
Year Built
1967
Buildings
2
Stories
2
Lot Size (sq. ft)
43,560 SF
Units
24

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6720435
Longitude
-97.3071312
2510 Lincoln St, Wichita, Kansas

FAQs

What type of property is this?
Apartment building - 24-Unit Apartment Complex, High NOI
Where is the apartment building located?
The property is located at 2510 Lincoln St Wichita, KS.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 34-unit multifamily property; 3% vacancy rate, demonstrating strong occupancy.; Excellent rental income potential.
How can I contact the broker?
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2510 Lincoln St
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