1107 Claflin Road

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

1107 Claflin Road

Manhattan, KS 66502
Asking Price
$229K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located at 1107 Claflin Road
  • Asset features a two-unit residential configuration
  • Property is available for acquisition in Manhattan, Kansas
  • Offered to the market at an asking price of $229,000
  • Situated in a stable market supported by local academic institutions

What's Special

Investors seeking an entry-level multifamily asset will find this apartment building on Claflin Road a practical addition to a portfolio. The property comprises two units in the heart of Manhattan, Kansas, a resilient submarket supported by its proximity to Kansas State University and the broader Flint Hills regional economy. The manageable scale of this building makes it an efficient option for those focused on small-scale residential holdings or portfolio expansion in a consistent college-town environment. Its functional layout serves the steady demand for rental housing common in this part of the state, where academic and community institutions provide a stable tenant base. With a straightforward configuration, this asset remains well-positioned for straightforward management strategies and long-term holding. The local market benefits from steady population activity driven by institutional presence, ensuring consistent interest in well-maintained rental residences. This sale provides an accessible opportunity to acquire a multi-unit investment within a established neighborhood of Manhattan.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
34.93%
DSCR
5.88
Strong
Cash-on-Cash
96.66%
Monthly Payment
$1,132.967
Annual Cash Flow
$66,404.395

Location & Travel Times