139 W 2nd Street

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139 W 2nd Street

Junction City, KS 66441
Asking Price
$214K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Five-unit multifamily apartment building available for purchase
  • Asset located at 139 W 2nd Street in Junction City
  • Priced at 214000 dollars for the complete property
  • Ideal residential investment in a central Kansas submarket
  • Stable rental environment supported by regional economic factors

What's Special

This multifamily property in Junction City is currently for sale, providing a practical entry point for investors seeking to expand their residential holdings. Comprising five apartment units, the building is positioned in a central Kansas submarket that benefits from steady demand from local residents. The regional economy is supported by proximity to major military installations and established transportation infrastructure, creating a stable environment for rental housing demand. Given the unit count and current configuration, the property functions well as a foundational asset for an investor looking to stabilize income streams in a growth-oriented market. Its scale offers a manageable footprint for those entering the multifamily sector or looking for a straightforward addition to an existing portfolio. Prospective buyers will find this asset provides a clear opportunity to capitalize on the ongoing need for quality rental housing within this community.

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NOI
$80,000
Cap Rate
37.38%
DSCR
6.30
Strong
Cash-on-Cash
104.82%
Monthly Payment
$1,058.755
Annual Cash Flow
$67,294.937

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