Contacts

NAI Martens
Property Details
- Property Type Multi-Family
- Property Size 37,600 SF
- Units 80
- Date Updated May 16, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- 80-unit apartment community
- Minutes away from all core amenities including entertainment, restaurants and retail
- Close proximity to four different universities
- $2M+ Full renovation of property completed in 2023-2024
- Occupancy: 100% with a waiting list (February 2025, of leasable units post-fire) / 93% (November 2024, prior to fire)
- Studio and 1-Bedroom Units
- Sale Price: $6,250,000
- Cap Rate: 7.16%
- NOI (Proforma): $447,284
Getting around
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Location
- City Wichita, KS
- Neighborhood McCormick
- Zip Code 67213
- Market Wichita
Points of Interest
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Safari Express Main Station
4.45 miles
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Safari Express Gorilla Station
4.51 miles
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Phillips 66
0.51 miles
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QuikTrip
0.68 miles
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Valero
1.45 miles
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JumpStart
1.49 miles
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KC Gas & Groceries
1.71 miles
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American Gas
1.76 miles
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Tesla Supercharger
4.76 miles
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Century II Parking
0.53 miles
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Lot A
1.10 miles
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Lot E
1.13 miles
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Lot D
1.19 miles
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Old Town Parking Garage
1.26 miles
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Old CowTown Parking
1.59 miles
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Lot B
1.76 miles
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Sim Memorial Park Parking
1.78 miles
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Lot F
1.79 miles
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Hotel At WaterWalk
0.38 miles
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Fairfield Inn & Suites Wichita Downtown
0.44 miles
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Hyatt Regency Wichita
0.46 miles
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Afton Motel
0.52 miles
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Trail Motel
0.52 miles
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Wyndham Garden Wichita Downtown
0.53 miles
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Drury Plaza Hotel Broadview Wichita
0.67 miles
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Budget Motel
0.74 miles
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Ambassador Hotel Wichita, Autograph Collection
0.82 miles
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Guild Plaza Hotel
0.83 miles
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La Tapatia Market
1.30 miles
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El Rio Bravo Supermarket
1.98 miles
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Kimson Asian Market
2.12 miles
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Walmart Supercenter
2.12 miles
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Tortilleria El Guero
2.32 miles
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ALDI
2.36 miles
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La Michoacana
2.36 miles
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Dillons
2.56 miles
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Mercadito Salvadoreno
2.68 miles
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JCPenney
2.79 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

NAI Martens