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2510 East Lincoln Street
Wichita, KS 67211
Asking Price
$2.55M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
<p>The 34-unit property has undergone a meaningful capital improvement program, with recent exterior upgrades including new lighting, security cameras, balconies added to all 2BR units, updated exterior doors, and a full roof replacement on Building 2520.</p><p></p><p>Interior renovations have been completed on approximately 20 units, featuring new flooring, updated cabinetry, refreshed bathroom vanities, modern light fixtures, fresh paint throughout, and new boilers for hot water — positioning
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NOI
$80,000
Cap Rate
3.14%
DSCR
0.53
Underwater
Cash-on-Cash
-9.33%
Monthly Payment
$12,616.009
Annual Cash Flow
$-71,392.104
