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1111 Vattier, Manhattan, KS 66502

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For Sale

$2,000,000

44 beds • 18 baths • 8 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • 31-40 Years Old
    Age

Explore this Property

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
MLS# 20240466

Courtesy Of Alliance Realty

(785) 320-2828

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Deck
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Brick
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Lot Size
    0.51 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath, Half Bath

Map and Directions

Directions to 1111 Vattier, Manhattan, KS 66502

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Monthly Payment Breakdown

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Copyright © 2024 Flint Hills Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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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