For Sale 77-Unit Apartment Community Wichita, KS
Santa Fe Apartments & Acosta Oaks Apartments 2250 & 2228 S. Oliver St. | Wichita, KS Property Highlights • • • • • •
77-unit apartment community In close proximity to numerous restaurants, retailers, schools, highways and some of Wichita’s largest employers Swimming pool, on-site management office and on-site laundry facilities (seller owns the equipment) Numerous recent capital improvements Occupancy: 81% (December 2023) 1-Bedroom and 2-Bedroom Units
Offering Overview • • • •
UNIT TYPE
UNITS
SQ. FT.
MARKET RENT
Small 1 BR Santa Fe
23
535
$575
Large 1 BR Santa Fe
13
615
$595
11
700
$650
30
492
$575
77
555
$589
2 BR For More Information Santa Fe
Sale Price: $3,650,000 Cap Rate: 7.60% PGIM: 6.71 NOI (Proforma): $277,330
Nathan Farha, CCIM 1 BR/1 BA Acosta Oaks Jeff Englert Total/Average Trent Garman
Nathan Farha, CCIM
Jeff Englert
Trent Garman
O: 316 263 9669 nfarha@naimartens.com
O: 316 847 4924 jenglert@naimartens.com
O: 316 613 2447 tgarman@naimartens.com
Independently Owned and Operated. The information contained herein was obtained from sources believed reliable; however, NAI Martens Company makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.
435 Broadway 1330South E. Douglas Ave. Wichita, Wichita, KS KS 67202 67214 316 316 262 262 0000 0000 tel tel naimartens.com naimartens.com
Santa Fe Apartments 2250 S. Oliver St. | Wichita, KS
For More Information Nathan Farha, CCIM Jeff Englert Trent Garman
Independently Owned and Operated. The information contained herein was obtained from sources believed reliable; however, NAI Martens Company makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.
1330 E. Douglas Ave. 435 South Broadway Wichita, Wichita, KS KS 67202 67214 316 316 262 262 0000 0000 tel tel naimartens.com naimartens.com
Acosta Oaks Apartments 2228 S. Oliver St. | Wichita, KS
For More Information Nathan Farha, CCIM Jeff Englert Trent Garman
Independently Owned and Operated. The information contained herein was obtained from sources believed reliable; however, NAI Martens Company makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.
1330 E. Douglas Ave. 435 South Broadway Wichita, Wichita, KS KS 67202 67214 316 316 262 262 0000 0000 tel tel naimartens.com naimartens.com
Rock
Woodlawn
Oliver
Hillside
For Sale
77-Unit Apartment Community Harry Wichita, KS
Property Aerial
Ascension Via Christi St Joseph Hospital
Clapp Golf Course
SANTA FE & ACOSTA OAKS APARTMENTS
Pawnee Oliver
S. Oliver
Hillside
Acosta Oaks Apartments 2228 S. Oliver | Wichita, KS
31st St. S.
WICHITA SANTA FE & ACOSTA OAKS APARTMENTS
Sante Fe Apartments 2250 S. Oliver | Wichita, KS
KELLOGG AVE.
Rock
Oliver
Hillside
SANTA FE & ACOSTA OAKS APARTMENTS
12
Woodlawn
SANTA FE & ACOSTA OAKS APARTMENTS
Ascension Via Christi St Joseph Hospital
Harry Clapp Golf Course
Pawnee
SANTA FE & ACOSTA OAKS APARTMENTS For More Information Oliver
Hillside
Nathan Farha, CCIM Jeff Englert Trent Garman
Independently Owned and Operated. The information contained herein was obtained from sources believed reliable; however, NAI Martens Company makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.
1330 E. Douglas Ave. 435 South Broadway Wichita, Wichita, KS KS 67202 67214 316 316 262 262 0000 0000 tel tel naimartens.com naimartens.com