$3,500,000
$3,500,000
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1.11 Acres Lot
SOLD DATE : 10/15/2020
Key Details
Sold Price $3,500,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Other
MLS Listing ID 2227299
Sold Date 10/15/20
Year Built 1961
Lot Size 1.108 Acres
Acres 1.1082186
Property Description
Take advantage of this amazing value add 111 unit complex just east of the
heart of the capital of Kansas. Deer Creek Apartments is just over 2 miles
away from the thriving downtown Topeka area, across the street from one
of Topeka's largest employers, and blocks away from one of Topeka's
nicest parks. The property has been partially updated as units become
vacant over the last few years, but owner is moving on to another project.
Priced to sell immediately. Contact agent for full offering memorandum. Complex also has the potential to rehab several down buildings to make this a 146 unit package. There are plans already created for you to turn in an empty 16 unit building into 26 units, and also an inspection stating the ability to bring another partially burnt 8 unit building back online.
Location
State KS
County Shawnee
Zoning R
Rooms
Other Rooms Balcony/Loft, Private Bath
Basement false
Interior
Interior Features Private Entry
Heating Electric
Cooling Electric
Flooring Carpet
Fireplace N
Laundry Central Laundry
Exterior
Garage false
Utilities Available Ind Water Heaters, Multi-Unit Heat/Air
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Frame, Vinyl Siding
Schools
School District Topeka
Others
Acceptable Financing Cash, Conventional, FHA, FmHA, Other
Listing Terms Cash, Conventional, FHA, FmHA, Other
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