Renovated Multifamily Property with 48
206 E 18th St. 718 722 730 N Market Wichita, KS 67214
206 E 18th St. 718 722 730 N Market, Wichita, KS, 67214
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For Sale
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48-unit multifamily across two nearby Wichita locations with renovated one- and two-bedroom units and current full occupancy.
Days on Market99
Property Features for 206 E 18th St. 718 722 730 N Market
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
NAI Martens
(316) 613-2447
Listed by
Trent Garman · License #KS SP00237691
Source
Crexi
Added: Apr 16 Updated: Jul 22 at 7:38PM Checked: Jul 22 at 7:38PM
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 NAI Martens
Investment Insights
Based on property information with market context.
Market Street Lofts offers 48 apartment units across two locations, with a mix of renovated one- and two-bedroom homes. The properties underwent full renovations in 2011 and feature up-to-date finishes and appliances throughout the units. The community is currently 100% occupied, with historically strong occupancy.
Both properties are located just north of downtown Wichita and are surrounded by local businesses, retailers and restaurants, event centers, and bus stops, with easy highway access.
For transaction structure, Market Street Lofts will be sold as a General Partner Buyout of 100% of the operating entity due to tax credit implications, and the remarks note a potential rent increase after the property is out of the Section 42 compliance period.
Both properties are located just north of downtown Wichita and are surrounded by local businesses, retailers and restaurants, event centers, and bus stops, with easy highway access.
For transaction structure, Market Street Lofts will be sold as a General Partner Buyout of 100% of the operating entity due to tax credit implications, and the remarks note a potential rent increase after the property is out of the Section 42 compliance period.
Key Highlights
- 48‑unit multifamily across two nearby Wichita locations
- Renovated one- and two‑bedroom units with up‑to‑date finishes and appliances
- Completed full renovations in 2011
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Apartment building - 48-unit multifamily across two nearby Wichita locations with renovated one- and two-bedroom units and current full occupancy.
Where is this apartment building located?
The property is located at 206 E 18th St. 718 722 730 N Market Wichita, KS.
What are key features of this property?
This property features: 48‑unit multifamily across two nearby Wichita locations; Renovated one- and two‑bedroom units with up‑to‑date finishes and appliances; Completed full renovations in 2011
