1965 College Heights RdManhattan, KS 66502

This 13,130 square foot multifamily property, located at 1965 College Heights Rd, Manhattan, KS 66502, presents a unique investment opportunity. Built between 1959 and 1975, this vacant 50-unit building sits on a 24,795 square foot lot zoned RM - Medium-Density Residential. Its prime location near Kansas State University makes it ideal for student housing conversion or continued use as Greek housing. The property boasts a commercial kitchen, dining hall, numerous common areas, study halls, meeting rooms, ample storage, and a large paved parking lot. The asking price is $1,100,000, translating to $83.78 per square foot. This property offers significant potential for a savvy investor seeking a high-return multifamily asset in a thriving college town. The property's existing infrastructure, including the commercial kitchen and common areas, provides a strong foundation for immediate occupancy or renovation. Its convenient location within walking distance of Kansas State University ensures high demand and occupancy rates. This is a rare opportunity to acquire a substantial multifamily property in a desirable location with significant upside potential.