Technical
Financial
Distress signals
Property profile

611 Michigan St 1 Lawrence, KS 66044

OFF-MARKET
Garden apartment buildings
Property ID
US33-0838302
10,434 SF 0.43 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1985
Construction FRAME
Total area 10,434 SF
Lot 0.43 ac (18,731 SF)
APN 067-25-0-30-21-006.00-0
UPID US33-0838302

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex

Location

611 Michigan St, Unit 1 Lawrence, KS 66044-1748
Lawrence metro Census 502 LAWRENCE, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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