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$1,200,000
20262404 MLS
PRIME INVESTMENT OPPORTUNITY BY KSU AND AGGIEVILLE! 100% occupied! Tenants like the space and location!!! Don't miss this exceptional brick apartment building located less than 3.5 blocks from Kansas State University and Aggieville—an unbeatable location with strong rental appeal! Property Highlights: 12-bedroom brick apartment building Spacious in-unit laundry rooms, spacious enough to double as a home office Durable solid-surface flooring throughout, eliminating constant carpeting issues, making turnovers a breeze! 24 on-site parking spaces, with excess capacity offering additional income potential! Prime location by KSU campus, restaurants, shopping, and entertainment Call Marlene Irvine of Irvine Real Estate today (785-341-8576) for additional details and to schedule your private showing! Whether you're looking to expand your investment portfolio or maximize rental income, this property offers outstanding potential in one of Manhattan's most desirable rental markets!!!

923 Vattier, Manhattan

Listing courtesy of Irvine Real Estate Inc..

$2,595,000
20261729 MLS
Turnkey 36-unit apartment portfolio across three adjacent buildings (713 Dondee Dr + 803 & 805 Allison Ave) in Manhattan, Kansas — home of Kansas State University. Strong, well-documented performance: $366,960 gross income, $229,390 NOI, and an 8.8% going-in cap at list (~$72,083/unit). ~94% occupied with an established tenant base and three years of operating history.Two of the three buildings are fully renovated and commanding premium rents ($695–$895/mo); the third offers clear value-add upside through below-market units. Unit mix: 31 two-bedroom + 5 one-bedroom (67 bedrooms total). Rising income, falling post-renovation expenses, durable college-town rental demand, and scale in a single transaction. In-place cash flow plus a built-in rent-growth runway. Full financials available to qualified investors. A rare cash-flowing value-add play in the Midwest market region. For more details or to request a showing, text 785-341-6146.

713 Dondee Dr., Manhattan

Listing courtesy of The Alms Group.

$6,500,000
20260893 MLS
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.

1700 N Manhattan, Manhattan

Listing courtesy of Back Nine Realty.

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