501 Main Street

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501 Main Street

La Crosse, KS 67548
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Immediate 12% Cap Rate <h3>​<span style="color: rgba(6, 34, 57, 1)">Exceptional Stabilized Investment Opportunity in Central Kansas</span></h3><ul><li>​<span style="color: rgba(6, 34, 57, 1)">17 Units - Thoroughly renovated in 2026</span></li><li>​<span style="color: rgba(6, 34, 57, 1)">Well-built &-maintained 17-unit multifamily asset located 30 minutes south of a large university, Fort Hays State, with an enrollment of over 14,000 students</span></li><li>​<span style="color: rgba(6, 34, 57, 1)">On-site maintenance t

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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

Location & Travel Times