1700 N Manhattan, Manhattan, KS 66502
- $6,500,000
- List Price
- $6,500,000
- Status
- ACTIVE
- MLS#
- 20260893
- Price Change
- ▼ $500,000 1777513101
- Year Built
- 1966
- Bedrooms
- 56
- Bathrooms
- 56
- Lot Size
- 57,064
Property Description
This recently renovated property presents a rare opportunity for a real estate investor or investment group to acquire a condominium portfolio with diversified income streams and multiple value creation strategies. The asset currently consists of a blend of short term rental units, long term leased residences, and inventory available for future lease up or disposition. The 28 units includes all-new updates: roof, insulation, exterior, composite decks, elevator, electrical, plumbing, HVAC, Custom Woods Cabinetry, Quartz counters, full-size appliances, and a separate laundry space.This structure offers immediate cash flow, portfolio diversification, and multiple exit strategies, making it an attractive investment for groups seeking both current yield and long term appreciation potential. Please contact Lori at Back 9 Realty for more information- 785.236.0164.
Additional Information
- Taxes
- $114,000
- Hoa Fee
- $7,000
- Fencing
- None
- Basement
- Unknown
- Heating
- Electric
- Cooling
- Central Air
- School District
- Manhattan-Ogden USD 383
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Listing courtesy of Back Nine Realty.
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