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1026 Shady Lane Ct., Wellington, KS 67152

Income-based apartments offer varied bedroom and bathroom configurations in Wellington, Kansas.

Property Size26,640 SF
Lot Size2.60 Acres
Price / SF$67.57
Days on Market105

Property Features for 1026 Shady Lane Ct.

General Information

Standard status Active
Size 26,640 SF
Lot size 2.60 Acres
Property subtype Multifamily
Investment Type Stabilized

Building Details

Year Built 1972
Buildings 6
Units 36
Tenancy Multi
Listing Agency: Landmark Commercial Real Estate
Listed By: David Leyh · License #KS 00038138
Source: Crexi
Added: May 19 Changed: Aug 30 Last Checked: Aug 30 at 5:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Real Estate

Investment Insights

Based on property information with market context.

This multifamily property comprises six apartment buildings containing 26,640 SF on 2.6 acres. Each building measures 4,440 SF, and the offering includes 1 bed/1 bath, 2 bed/2 bath, and 3 bed/3 bath apartment layouts. Constructed in 1972, the property is located at 1026 Shady Lane Ct. in Wellington, Kansas.

The apartments operate under a HAP contract and accommodate Section 8 housing, with rent and deposit terms based on resident income. The property may be acquired independently or together with the neighboring duplexes at 401 N. Circle Dr.

Key Highlights

  • Six apartment buildings totaling 26,640 SF
  • Each building measures 4,440 SF
  • Property spans 2.6 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Kitchen & Bath Showroom Grocery & Convenience Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 67152, KS

9,019
Population
4,288
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
233.9 sq mi
ZIP Area
39
Density / Sq Mi
$50,836
Median Household Income
$36,042
Median Earnings
$814
Median Rent
$105,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Income-based apartments offer varied bedroom and bathroom configurations in Wellington, Kansas.
Where is this apartment building located?
The property is located at 1026 Shady Lane Ct. Wellington, KS.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Six apartment buildings totaling 26,640 SF; Each building measures 4,440 SF; Property spans 2.6 acres
(316) 371-8087 Call to check price and availability
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