1019 Fremont Street

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1019 Fremont Street

Manhattan, KS 66502
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 acquisition in Manhattan
  • Residential property comprised of nine individual rental units
  • Located in a market supported by Kansas State University
  • Positioned within the central 66502 zip code area
  • Asset suitable for long-term residential real estate investors

What's Special

This multifamily apartment building at 1019 Fremont Street in Manhattan, Kansas, is currently available for sale to investors seeking a multi-unit residential holding. The property consists of nine units, offering a straightforward addition to a rental portfolio in this university-anchored community. Manhattan maintains a stable economy supported by the presence of Kansas State University and regional employment centers, creating a consistent demand for apartment rentals. Its location provides accessibility to local amenities and major transit corridors serving the city. Given the unit count, the building serves as a practical asset for those targeting the workforce or student housing segments within the local submarket. Interested parties will find this a viable candidate for long-term hold strategies due to the consistent nature of the regional housing market and the density of the apartment sector in this part of Kansas.

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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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