1965 College Heights RdManhattan, KS 66502

  • Hospitality properties
  • 13,130 SF
For Sale
$1,100,000 View listing

Property Details for 1965 College Heights Rd

Year built
1959
Property size (Sq ft)
13,130 SF
Property type
Hospitality properties
Property subtype
Other specialty properties

Description

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.

1965 College Heights Rd, Manhattan, Kansas

Location Insight

City
Manhattan
County
Riley
State
Kansas
Latitude
39.1895
Longitude
-96.592

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