Back to Search

Emporia Multifamily Investment Opportunity

603 E 11th Ave, Emporia, KS 66801

View on Map

For Sale

Contact for pricing

Twelve units near Emporia State University with value-add potential.

Type:Multifamily

Property size:

11,364 SF

Price / SF:

$60/SF

HighLights

Great location less than 1/2 mile from Emporia State University.
12 Two‑Bedroom/One‑Bath Units.
Large Units: 8 units at 954 SF each and 4 units at 933 SF each.
Located within walking distance to numerous retailers, restaurants, and businesses near Downtown Emporia, KS.
Current Physical Occupancy: 75%.
Current Rents well below market average at $652/mo per unit.

We can help!

Listing Contact

Trent Garman

For Sale

Contact for pricing

Twelve units near Emporia State University with value-add potential.

Type:Multifamily

Property size:

11,364 SF

Price / SF:

$60/SF

Added:: Jul 23, 2024
Days on Market:: 692
Last Refresh:: May 12 at 11:30 pm

Property Features for 603 E 11th Ave

General Information

Standard status: Active
Size: 11,364 SF
Property subtype: Multifamily

We can help!

Listing Contact

Trent Garman

Listing agent Trent Garman License #KS SP00237691

Listing office NAI Martens

Listing date Jul 23, 2024

Source Crexi

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

HighLights

Great location less than 1/2 mile from Emporia State University.
12 Two‑Bedroom/One‑Bath Units.
Large Units: 8 units at 954 SF each and 4 units at 933 SF each.
Located within walking distance to numerous retailers, restaurants, and businesses near Downtown Emporia, KS.
Current Physical Occupancy: 75%.
Current Rents well below market average at $652/mo per unit.

Overview

This multifamily property features 12 units, each containing two bedrooms and one bathroom. The property is located less than half a mile from Emporia State University and is within walking distance of retailers, restaurants, and businesses near Downtown Emporia, Kansas. The units are spacious, with eight units measuring 954 square feet each and four units measuring 933 square feet each, for a total property size of 11,364 square feet. The current physical occupancy is 75%, with average unit rents at $652 per month, which is below the market average.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Emporia
County: Lyon
State: Kansas
Longitude: -96.171986
Latitude: 38.410806

Nearby Similar for Sale

$375,000

13,978 SF

Historic Kansas Avenue School Building

Two-story, 13,978 SF historic school building on one-acre lot.

315 South Market Street, Emporia, KS 66801

View Details
$685,000

Emporia KS Apartment Complex

12-unit apartment complex in Emporia, Kansas, featuring two-bedroom apartments.

603-605 E 11th Ave, Emporia, KS 66801

View Details
$685,000

Emporia KS Apartment Complex

12-unit apartment complex in Emporia, Kansas for sale.

603-605 E 11th Ave, Emporia, KS 66801

View Details
$400,000

4,360 SF

Adaptable Commercial Property Near Downtown

Versatile 4,000 SF commercial space near Emporia's core.

225 E 6th Ave, Emporia, KS 66801

View Details

For sale
Apartment buildings
KS
Emporia
66801
603 E 11th Ave

What type of property is this?

Apartment building - Twelve units near Emporia State University with value-add potential.

Where is this apartment building located?

The property is located at 603 E 11th Ave Emporia, KS.

What is the asking price?

The asking price for this property is $685,000.

What are key features of this property?

This property features: Great location less than 1/2 mile from Emporia State University.; 12 Two‑Bedroom/One‑Bath Units.; Large Units: 8 units at 954 SF each and 4 units at 933 SF each.