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    28-Unit Efficiency Apartment Complex Title is generated by Realmo AI

    1502 East Fulton Street, Garden City, KS 67846

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    For Sale
    $1,495,000

    Commercial Sale, Other - Garden City, KS

    Property size:
    10,816 SF
    Lot size:
    0.62 Acres
    Price / SF:
    $138/SF
    Added:
    Apr 30, 2025
    Days on Market:
    435
    Last Refresh:
    Jul 8 at 8:06 am

    Property Features for 1502 East Fulton Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    10,816 SF
    Lot size
    0.62 Acres

    Building Details

    Year built
    1986
    Architectural style
    Other

    We can help!

    Contact an agent
    Jessica Willimon

    Listing agent Jessica Willimon License #00251718,PersonLicenseNumber

    Listing office NextHome Dana Trahern Realty 430 S. Arapahoe St., KS

    Listing date Apr 30, 2025

    MLS# 13902 Listing URL

    Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey 28‑unit apartment complex with immediate cash flow.
    • High 7.97% Cap Rate.
    • Located in a steadily growing community with strong rental demand.
    • Renovated in 2019.
    • Secured property with surveillance cameras and fire sprinkler system.
    • Includes a mix of unit types (studio, one‑bedroom, three‑bedroom).

    Overview

    This 28-unit efficiency apartment complex includes 25 studio units, 1 large studio unit, 1 one-bedroom unit, and 1 three-bedroom unit. The property was originally built in 1986 and renovated in 2019. Each unit is equipped with a gas range and refrigerator, and most units include a dishwasher. Tenant comfort is supported by PTAC heating and cooling systems. The building is secured with surveillance cameras, and there is a fire sprinkler system throughout. Owner-paid utilities are part of the operating model, and the property also provides onsite laundry and mail delivery.

    Located at 1502 East Fulton Street in Garden City, Kansas (67846), the property sits on a 0.62-acre lot. With 10,816 square feet of building area, the complex is designed for straightforward multi-unit ownership and management.

    For investors or owner-operators seeking a hands-on, move-in-ready multifamily asset, this offering is described as fully operational and turnkey, with a stated 7.97% cap rate in the listing materials. The unit mix provides a range of efficiency and larger layouts within the same property, while the combination of in-unit appliances, PTAC systems, and on-site services supports day-to-day tenant convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blue Jay Apartments Apartment Building

    Suggested Use

    Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Finney
    State
    Kansas
    Longitude
    -100.8559751
    Latitude
    37.9635632

    FAQs

    What type of property is this?
    Apartment building - Turnkey 28-unit complex with renovated interiors, onsite laundry, and secured amenities for efficient, hassle-reduced operations.
    Where is this apartment building located?
    The property is located at 1502 East Fulton Street Garden City, KS.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: Turnkey 28‑unit apartment complex with immediate cash flow.; High 7.97% Cap Rate.; Located in a steadily growing community with strong rental demand.
    More about this property
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