109 E 4th Street, Hays, KS 67601

Building Details

Year Built

2007

Listing agent Tyler Hague, LEED AP License #471009171

Listing office Colliers - Chicago Downtown, Illinois Show Phone

Listing date Jun 18, 2026

Source Crexi

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Overview

Stonepost Apartments is a 63-unit garden-style multifamily community built in 2007. The property offers oversized two- and three-bedroom floor plans averaging 1,061 square feet, with original interiors throughout. Unit finishes include tile and carpet flooring, laminate countertops, and white or black appliance packages, creating a straightforward foundation for an interior upgrade program.

Stonepost is positioned in Hays, Kansas, directly across from Hays Aquatic Park. It is also close to Fort Hays State University and Hays Medical Center, supported by remarks that cite 12,900 students and 1,500 jobs at FHSU, and 1,000+ jobs at Hays Medical Center.

For buyers or operators, Stonepost offers immediate in-place occupancy and a practical path for repositioning. The property is described as having nine market-rate units with immediate upside and 54 affordable units that transition to market-rate upon vacancy through the Qualified Contract and decontrol process. The overall physical condition is noted as excellent, and the property is currently reported as 100% occupied, with occupancy averaging 95.4%.

Suggested Use

Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Hays

County

Ellis

State

Kansas

Longitude

-99.334369

Latitude

38.867895

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FAQs

What type of property is this?

Apartment building - 63-unit community with oversized two- and three-bedroom layouts and renovation-ready interiors near major employers.

Where is this apartment building located?

The property is located at 109 E 4th Street Hays, KS.

What is the asking price?

The asking price for this property is $4,095,000.

What are key features of this property?

This property features: 63‑unit garden‑style apartment community built in 2007; Includes oversized 2- and 3‑bedroom floor plans averaging 1,061 SF; Currently 100% occupied with stable in‑place cash flow and 95.4% occupancy averaging