Southview 110 S Pennsylvania Ave Immeuble residentiel 36 lots 1 558 026 € (43 279 €/Lot) Taux de capitalisation 7,92 % Holton, KS 66436

Close to 8% CAP rate on actuals and a pro-forma cap rate of 10% with a 2000s vintage at only $50k per unit
Value-Add Potential by repositioning rents to already proven substantial increases.
- Quiet Community with Convenient Access to the Greater Topeka MSA
- Well-Maintained – Stable, Recession-Resistant Opportunity
- 92%+ Occupancy
- Great Unit Mix of Market-Rate & Tax-Credit Units
Introducing SOUTHVIEW APARTMENTS at 110 S. Pennsylvania Avenue, HOLTON, KS 66436! This thriving 36-unit community offers a unique mix of market-rate and tax-credit units, ideal for investors looking to maximize returns. Priced at $1,800,000, this property boasts a stable, recession-resistant asset with significant upside potential. Strategically located in charming Holton, just 30 minutes from Topeka, residents enjoy convenient access to employment centers while relishing in a tight-knit community with lower living costs. With over 90% occupancy, this well-maintained property provides a turnkey opportunity for investors to unlock value through rent repositioning and minor renovations. The diverse economic base, including major employers in healthcare and education, ensures steady housing demand, making SOUTHVIEW APARTMENTS a prime choice for those seeking reliable cash flow in a growing rural community. Don't miss out on this compelling investment opportunity!