Home > Blogs > Byron Lewis > Manhattan & Fort Riley, Kansas Area Real Estate Blog

Investment Real Estate-Townhouses Next To Fort Riley Kansas

By Byron Lewis

Real Estate Agent with Landmark Real Estate

August 21, 2012 12:16 PM

Landmark Real Estate	Byron Lewis - (785) 776-2222


Multifamily Property For Sale

Fort Riley Townhouses

0000 Saddle Horn Trail, Ogden, KS 66517



Price:	$1,912,500
No. Units:	15
Building Size:	25,440 SF
Price/Unit:	$127,500
Property Type:	Multifamily
Property Sub-type:	Garden/Low-Rise
Property Use Type:	Investment
Distressed:	Yes
Commission Split:	2.5%
Cap Rate:	8%
Occupancy:	100%
No. Stories:	3
Year Built:	2007
Lot Size:	41,012 SF


Last Verified 8/21/2012
Listing ID 17801081

Map of 0000 Saddle Horn Trail, Ogden, KS 66517 (Riley County)

Find out more about 0000 Saddle Horn Trail, Ogden

Highlights

	Close proximity to Fort Riley Military Base
	100% occupancy
	Tenant Waiting List

Description

15 three & four bedroom 2.5 bath 2 car garage townhouses. Conveniently located between Manhattan & Fort Riley. Current
leases @ $1275/month. Property mgmnt office currently has tenant waiting list for home availability. Homes feature 9' ceilings on main living. Lg
kitchens w/ abundant oak cabinetry, Pantries, quality appliances. Decks off kitchens. Master suites w/ baths, ample closets. Floor plans are similar w/2
different kitchen styles, some variations in colors & lower level finish vs. garage depth. Separately deeded units. Can portion sale. Bank Owned
Property.

Located between Manhattan, KS and Fort Riley Military Base

Financial Summary

	Proforma


Year	2012

Unit Mix Information

Description	No. Units	Avg. Mo. Rent	Sq. Ft.


3 bedroom 2.5 baths	5	$1,275	1,680


4 bedroom 2.5 baths	9	$1,275	1,680


4 bedroom 3.5 baths	1	$1,275	1,950



Additional Photos



Landmark Real Estate	Byron Lewis - (785) 776-2222


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.