Regent Court Apartments - Emporia KS List Price - $1,840,000

35 unit apartment complex with attractive exterior and four buildings.

  • Easy to manage
  • 99% occupancy rate
  • Attractive landscaping and exterior 
  • Turnkey operation with all appliances included
  • Ideal location with strong demand for housing 
  • Emporia Kansas is a thriving and engaging community
  • Impeccable maintenance throughout this four building complex 

Great turnkey operation with 99% occupancy year round (for the last 7 years)

Operational upside: The organic rent growth at the property is nearly 4%. The current owner is not focused on increasing rents, rather the focus has been on maintaining a high occupancy (99.1%). This proves that there is additional room for further growth by improving the operations at the property.

Convenient location in a progressive town. Ideal location.

Located in a nice neighborhood. Your tenants will enjoy the excitement of living within one block of the college to attend classes, sporting events, concerts, plays, and all university events. The property is located blocks from the thriving downtown where they can enjoy the parades, sporting events, car shows, art center, Granada Theatre, concerts, eating, shopping, and exercising!  They’ll love living close to downtown and enjoy the convenience of living in the center of it all!  Perfect location for tenants wanting to experience the excitement of Emporia and a great investment opportunity.


Nearby Amenities:

Located one block west of Emporia State Unviersity. A perfect location for students.

Located within blocks of I-35 on-ramps. 

Downtown historic Emporia nearby with unique restaurants, shops, and more.

Property Description

Regent Court Apartments have been designed for comfortable living with all modern amenities, spacious floor plan, and a convenient location. The complex is located one block west of Emporia State University and blocks from a thriving downtown Emporia. Each apartment has been designed to provide comfort, convenience, and modern living with all standard amenities. 

Contact Victor Edelman

Please contact Victor Edelman for a private showing


Cell: 620-366-0339

Email: realestateve@gmail.com 


Schedule your private showing today.

Agent notes

Regent Court Apartments are modern residential housing. Attractive two and three story buildings with front door parking. Extremely well maintained, modern construction, easy to manage, and profitable. Includes all appliances and fully furnished laundry center - everything you need to be profitable quickly. Great turnkey operation with 99% occupancy year round for the last seven years. 99% occupancy rates indicate strong housing demands and below market rental rates, so there is a potential for increased rental rates and revenues.

Property location

1407 Center Street

Emporia Ks 66856

  

Convenient location in a progressive town. Ideal location near Emporia State University and thriving downtown Emporia.

Description

  • Multi-family Investment Property
  • Affordable rent in a growing community
  • Each unit has 750 square feet
  • Individual electric metering
  • Built in 1986 and 1987 - Modern and Clean · 
  • Wood frame construction
  • Landlord pays water and trash 

Many Amenities

 Air conditioning, cable internet ready, on-site laundry center, ceiling fans, eat-in kitchen and bar, refrigerator, oven, tub/shower, carpet, vinyl flooring, landscaped lawn, and a private deck or patio.   Your tenants will feel right at home.

Contact Victor Edelman for showing

Contact Victor Edelman | Cell: 620-366-0339 | Email: realestateve@gmail.com

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