24-Unit Rehabilitated Apartment
For Sale
Contact for pricing
504 E Chellis St, Yates Center, KS 66783
Recently updated apartment community with a fully leased unit mix and on-site owner management.
Property SizeContact for details
Days on Market144
Property Features for 504 E Chellis St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
8 x 2BR, 16 x 1BR
Multifamily Units
24
Listing Agency:
JDS Real Estate Services, Inc.
(918) 804-6217
Listed By:
Jennifer Stein · License #1001185
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 12:52AM
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 JDS Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
Prairie Springs Apartments is a 24-unit apartment complex with eight two-bedroom residences and sixteen one-bedroom residences. The buildings underwent comprehensive rehabilitation, including new flooring, doors, windows, paint, and fixtures. Grounds and buildings are maintained on site, with management and contracting handled by the owner. The property was fully leased again following the renovation, with March 2022 marking the first month at full occupancy.
The property is located at 504 E Chellis St in Yates Center, the Woodson County seat. Four surrounding communities are within a 20-minute drive, including a community college town. The surrounding area also draws teachers, college students, and relocating professionals, and vacancies have attracted multiple applicants through local community advertising.
The apartment mix provides both one- and two-bedroom configurations within a recently renovated complex. Recent rent increases have been implemented, while the source information indicates rents remain below market levels.
The property is located at 504 E Chellis St in Yates Center, the Woodson County seat. Four surrounding communities are within a 20-minute drive, including a community college town. The surrounding area also draws teachers, college students, and relocating professionals, and vacancies have attracted multiple applicants through local community advertising.
The apartment mix provides both one- and two-bedroom configurations within a recently renovated complex. Recent rent increases have been implemented, while the source information indicates rents remain below market levels.
Key Highlights
- 24‑unit apartment complex with 8 two‑bedroom and 16 one‑bedroom units
- Comprehensive updates include flooring, doors, windows, paint, and fixtures
- Fully leased as of March 2022 following completion of the rehabilitation
Property Analytics
Current Use
Lease Details
24
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 66783, KS
2,157
Population
1,135
Households
1.9
Avg Household Size
46
Median Age
27%
College-Educated
95%
High-School Grad
284.5 sq mi
ZIP Area
8
Density / Sq Mi
$44,609
Median Household Income
$34,188
Median Earnings
$590
Median Rent
$90,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Recently updated apartment community with a fully leased unit mix and on-site owner management.
Where is this apartment building located?
The property is located at 504 E Chellis St Yates Center, KS.
What are key features of this property?
This property features: 24‑unit apartment complex with 8 two‑bedroom and 16 one‑bedroom units; Comprehensive updates include flooring, doors, windows, paint, and fixtures; Fully leased as of March 2022 following completion of the rehabilitation
