140 W 1st Street

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140 W 1st Street

Junction City, KS 66441
Asking Price
$189K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Junction City, Kansas.
  • Property consists of three distinct residential rental units.
  • Asset is currently offered for sale at $188,500.
  • Well-positioned site located at 140 W 1st Street.
  • Efficient size suitable for individual or portfolio investment.

What's Special

Junction City serves as a functional hub within the regional Kansas economy, benefiting from its proximity to major transportation corridors and established residential demand. Positioned at 140 W 1st Street, this multifamily asset consists of three individual units, providing a manageable scale for investors looking to expand their residential portfolios. The property offers a straightforward opportunity to enter the local rental market in a well-connected suburban environment. Its location allows for convenient access to daily services and community amenities throughout the city. Given the layout and unit count, this apartment building is well-suited for long-term hold strategies or repositioning efforts aimed at local workforce housing. Potential buyers may find this an efficient addition to a diversified investment strategy focused on stable, smaller-scale multifamily properties within the state.

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NOI
$80,000
Cap Rate
42.44%
DSCR
7.15
Strong
Cash-on-Cash
121.68%
Monthly Payment
$932.595
Annual Cash Flow
$68,808.858

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