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    924 S Washington Ave Wellington, KS 67152

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    924 S Washington Ave Wellington, KS 67152


    • Assisted living facilities
    • 10,339 SF
    • 0.46 lot acres
    Wellington Multifamily Building For Sale For Sale
    $395,000
    20,678 SF

    Wellington Multifamily Building For Sale

    18-unit multifamily building with commercial kitchen and large dining room.

    924 S Washington Ave, Wellington, KS 67152
    View Listing
    Property ID
    US33-0468990
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 924 S Washington Ave

    Year built
    1955
    Lot size
    0.46 lot acres
    Property size
    10,339 SF
    Zone code
    RV08
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    156-23-0-20-16-007.00-0
    APU
    1562302016007000

    Description

    This exceptional 18-unit apartment building presents a compelling investment opportunity in Wellington, Kansas. Located at 924 S Washington Ave, this well-maintained Class B property boasts a substantial 20,678 square feet of space, offering a compelling price per square foot of $19.10. The asking price for this multifamily asset is $395,000, translating to an attractive price per unit of $21,944.44. Originally constructed as a hospital, the building features a unique layout ideal for its current use. Key features include a commercial kitchen with a large adjoining dining room, perfect for communal gatherings or catering events. Accessibility is ensured with an elevator and ramp, catering to a diverse range of tenants. Multiple floors offer various entry points, enhancing convenience. Several large rooms are adaptable for a variety of uses, including meetings, classrooms, or family rooms, providing flexibility for future development or tenant needs. The building's brick construction and corner lot location add to its curb appeal and visibility. Situated in Sumner County, Kansas, with a zip code of 67152, this property offers a strong foundation for a profitable investment. The building's history and current configuration provide a unique opportunity for an investor seeking a well-established, multi-use property in a stable market. This is a rare chance to acquire a substantial multifamily property with significant potential for growth and return on investment.


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    Location Insight

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    • Local Demand
    City
    Wellington
    County
    Sumner
    State
    Kansas
    Longitude
    -97.3981
    Latitude
    37.257
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $5,347
    $1,084
    $26,899
    $27,983
    -
    $9,430
    $233,900
    $243,330
    View Listing
    More about this property
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