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    2804 E 9Th Ave Winfield, KS 67156

    For Sale
    $3,800,000

    46-unit apartment complex in Winfield, Kansas, renovated and newly constructed.

    Property size:
    51,600 SF

    Property Features for 2804 E 9Th Ave

    General Information

    Size
    51,600 SF

    Source: Trent Garman Agent Trent Garman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Winfield Multifamily Apartment Complex

    Woodland Apartments is a 46-unit multifamily property located in Winfield, Kansas, on the east side along Hwy. 160 (9th Ave.). The property features two and three-bedroom units. The original building was constructed in 1972 and renovated in 2014. A newer building was constructed in 2015. The units are spacious and include high-end finishes, washer & dryer hook-ups, and stainless-steel appliances. Tenants are responsible for gas and electric utilities, while the landlord covers trash and water expenses. The property size is 51,600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Woodland Apartments & Storage ... Apartment Complex

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Winfield
    County
    Cowley
    State
    Kansas
    Longitude
    -96.9630771
    Latitude
    37.2453032

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    FAQs

    What type of property is this?
    Apartment building - 46-unit apartment complex in Winfield, Kansas, renovated and newly constructed.
    Where is this apartment building located?
    The property is located at 2804 E 9Th Ave Winfield, KS.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - 46-Unit Multifamily Property; - High NOI (Proforma): $300,833; - Attractive Cap Rate: 7.92%
    (316) 613-2447
    Request Owner's contact information
    2804 E 9Th Ave Winfield, KS 67156
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2804 E 9Th Ave Winfield, KS 67156
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