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About This Home
This 0-bedroom, 0-bathroom commercial at 1502 East Fulton Street in Garden City, KS is listed for $1,675,000 ($155 per sqft). Built in 1986, the home offers 10,816 sqft of living space on a 0.62 acres lot.
28-Unit Efficiency Apartment Complex. Turnkey investment with upside potential. 7.97% Cap Rate. Located in the steadily growing community of Garden City, this fully operational 28-unit multifamily property offers strong rental demand and stable income.
Originally built in 1986 and renovated in 2019, the complex includes: 25 studio units, 1 large studio, 1 one-bedroom unit, 1 three-bedroom unit. Each unit is equipped with a gas range and refrigerator, with most featuring a dishwasher. Tenants enjoy the comfort of PTAC heating/cooling systems, and the property is secured with surveillance cameras and a fire sprinkler system throughout.
Low vacancy rate in a high-demand rental market. Owner-paid utilities. Onsite laundry and mail delivery. Whether you're expanding your portfolio or diving into multifamily real estate, this cash-flowing property is ready to go!
Key Features
- Built in 1986
- 0.62 acre lot
Property Details
Monthly Cost Estimate
$8,958/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1502 East Fulton Street
Garden City, KS 67846
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1502 East Fulton Street is listed at $1,675,000 ($155/sqft). The estimated monthly payment is $7,258 based on 20% down at 6.5% interest.
Key features include: Built in 1986, 0.62 acre lot.
This property is listed by Jessica Willimon and can be reached at 6204532154 or jessicawillimon@gmail.com.
