1111 Vattier, Manhattan, KS, 66502
$2,000,000
ACTIVE
| MLS # | FHR20240466 |
| Beds | 44 |
| Full Baths | 18 |
| Half Bathrooms | 8 |
| Heating | Forced Air Gas |
| Total Units | 18 |
| Cooling | Central Air |
| Exterior Features |
|
| Fencing | None |
| Fireplace Features | None |
| Basement | Yes |
| Lot Size | 22500 sqft |
| Year Built | 1986 |
Overview
| Construction Materials | Brick |
| County | Riley |
| Sale Type | For Sale |
| Fuel | Natural Gas, Electric |
| Annual Taxes ($) | 26851.24 |
| School District | Manhattan-Ogden USD 383 |
Origional Design 18-Plex located 1 block from KSU Campus and 1 Block from Aggieville. You can't get a better location. Currently Fully Rented. In the process of renewing and releasing for next school year. Easy Maintnence all Brick co 2bd rent for around $850/mo 3bd Rent for around $1050/mo Annual Rent: $198,480.00 Zoned RC - High density Residential Urban Core (refer to City Of Manhattan Zoning Regs) Also located in the Federal Qualified Tax Opportunity Zone (See IRS Wbsite for tax savings details) Current Taxes: $26,851.24 Current Insurance: $7500 (Farm Bureau) Annual Owner Paid Utilities: $22,944 TOTAL Water $893/House Electric $138/ Trash $132/Internet $749 (not calculated) The owner worked a deal with WTC to provide Cable/Internet for the whole bldg at $749/mo. This can be canceled anytime. It is currently included in rent.I would get rid of it as they turn over. This would set total utilities $13,308 annual NOI: 149,392 w/o cable/internet NOI $142,000 w/ Cable/internet
| Listing Agent | Greg |
| Shosa | |
| Listing Office | Alliance Realty |
1111 Vattier
Multifamily
Origional Design 18-Plex located 1 block from KSU Campus and 1 Block from Aggieville. You can't get a better location. Currently Fully Rented. In the process of renewing and releasing for next school … More Details
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