1219 Brook St

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1219 Brook St

Lawrence, KS 66044
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 available for sale in Lawrence, KS.
  • Property consists of two distinct residential rental units.
  • Located at 1219 Brook St within the 66044 zip code.
  • Lawrence serves as a prominent educational and economic hub.
  • Asset offers a manageable size for localized residential investment.
  • Consistent regional demand supports stable potential rental income.

What's Special

This multifamily asset consists of two apartment units situated at 1219 Brook St in Lawrence, KS. Located within the 66044 zip code, the property resides in a city recognized for its academic presence as the home of the University of Kansas. Lawrence maintains a stable regional economy driven by education, healthcare, and professional services, making it a reliable market for residential investment. The scale of this building provides a manageable entry point for investors seeking to expand their footprint in a community that draws steady demand from both students and long-term residents. Given the local market demographics, this configuration is well-suited for a buy-and-hold strategy, offering potential for consistent rental income in a desirable submarket of the metro area. Proximity to major local thoroughfares ensures convenient access to the broader Kansas City region, supporting the ongoing appeal of the area for tenants.

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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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