505 Inge Ave

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505 Inge Ave

Garden City, KS 67846
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 505 Inge Ave in Garden City
  • Asset configuration includes two residential units available for purchase
  • Property situated within a key economic hub of western Kansas
  • Efficient size allows for streamlined residential property management
  • Regional location offers proximity to local employment and infrastructure

What's Special

This multifamily apartment building provides two residential units in Garden City, Kansas. Situated within a community known for its diversified economic base including regional agriculture and manufacturing sectors, the property serves as a stable residential asset in this western Kansas market. The location offers residents convenient access to local infrastructure and the broader regional transit network, facilitating connectivity throughout the area. Prospective investors may view this building as a manageable addition to a rental portfolio due to its compact size and straightforward operational requirements. Given the sustained demand for housing options in this growing hub, the property is positioned to provide functional living accommodations for tenants seeking proximity to employment centers and community amenities in Garden City.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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