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1110 w 11th, Concordia, KS 66901

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For Sale

$2,200,000

54,046 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $40.71
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

The Mount Joseph Apartments project in Kansas does indeed sound like an enticing real estate investment opportunity, especially with its prime location and potential for expansion. With 63 units planned and 17 units already underway, it offers a solid foundation for growth. Estimated potential income at $12,500 per month with 17 fully occupied units. The inclusion of a brand new parking area is a practical addition that adds convenience and value for potential residents, enhancing the overall appeal of the property. Additionally, being nestled on the edge of town next to Lost Creek provides a serene and picturesque setting, which can be a major selling point for tenants seeking tranquility and natural surroundings. Given the size of the property at 6.83 acres and a building square footage totaling 54,046, there's ample space for future development or the addition of amenities to further attract tenants and enhance the overall value of the investment. For those interested in real estate investment, Mount Joseph Apartments presents an opportunity worth considering, offering the potential for both immediate returns and long-term growth. This property is under construction and selling "as is" before the 17 units are completed.
MLS# 11288076

Courtesy Of Bowers Land And Home Realty LLC

(785) 243-5365

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Lot Size
    6.83 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 1110 w 11th, Concordia, KS 66901

Home seller CENTURY 21 GHC Associates, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 GHC Associates, Inc.

(785) 243-1555
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
    $0
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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