EMPORIA, KANSAS 10 RENTAL UNITS IN - MidwestLandGroup.com - Midwest Land Group
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MIDWEST LAND GROUP IS HONORED TO PRESENT MULTI-UNIT INVESTMENT WITH 100% OCCUPANCY AND AN OUTSTANDING RETURN Located in Emporia, Kansas, this 10 door unit package recent maintenance and improvements to full remodels. offers an opportunity for an outstanding investment at a All current lease agreements and deposits will transfer current 8% cap rate with potential growth. With all units to the buyer at closing. at 100% occupancy, the current rent is conservatively generating $83,700 in annual income. Emporia State Whether you are starting out with your first units or University and Flint Hills Technical College, located in expanding your portfolio, this multi-unit package has Emporia, add additional numbers to the above average been a longtime producer and will take your investments community of renters. The annual real estate taxes for to the next level. Scheduled showings to qualified 2020 are estimated at $12,445.72. All units have received buyers with 48 hour notice. PRICE: $870,000 | COUNTY: LYON | STATE: KANSAS | UNITS: 10 • Total annual income: $83,700 • Total 2020 taxes: $12,445.72
2432 WEST RIDGE DR., EMPORIA, KS 66801 • Built in 1981 • 1.5 bathrooms • Split level with a finished basement • New roof in 2020 • 1,173 sq. ft. of finished living space • $800 monthly rent with lease expiring 04/30/2021 • 2 bedrooms • 2020 taxes: $1,640.30 2430 WEST RIDGE DR., EMPORIA, KS 66801 • Built in 1981 • New roof in 2020 • 1,173 sq. ft. of finished living space • New furnace in 2018 • Split level with a finished basement • $800 monthly rent with lease expiring 08/31/2021 • 2 bedrooms • 2020 taxes: $1,640.30 • 1.5 bathrooms
2416 WEST RIDGE DR., EMPORIA, KS 66801 • Built in 1983 • 1 full bath with 2 half baths • 2-story condominium on a slab • New roof in 2019 • 1,421 sq. ft. of finished living space • $825 monthly rent with lease expiring 08/31/2021 • 3 bedrooms • 2020 taxes: $1,151.04
643 LINCOLN ST., EMPORIA, KS 66801 • Built in 1945 • New heating and air system in March 2018 • Bungalow with a crawl space • Hardwood floors redone in 2018 • 1,055 sq. ft. of finished living space • $600 monthly rent with lease expiring 06/30/2021 • 3 bedrooms • 2020 taxes: $883.60 • 1 bathroom
1119 W 9TH AVE., EMPORIA, KS 66801 • Built in 1900 • 1 bathroom • Bungalow with a basement • New stove in 2016 • 864 sq. ft. of finished living space • $550 monthly rent with lease expiring 06/30/2021 • 2 bedrooms • 2020 taxes: $1,039.24
928 LAKEVIEW ST., EMPORIA, KS 66801 • Built in 1980 • New furnace in 2018 • 2-story with crawl space • New roof in 2020 • 1,350 sq. ft. of finished living space • $675 monthly rent with lease expiring 07/31/2021 • 3 bedrooms • 2020 taxes: $1,168.48 • 1.5 bathrooms
1301 GARFIELD ST., EMPORIA, KS 66801 • Built in 1951 • New windows in 2019 • Ranch with a crawl space • Siding in 2019 • 696 sq. ft. of finished living space • $575 monthly rent with lease expiring 08/31/2021 • 2 bedrooms • 2020 taxes: $969.32 • 1 bathroom
1317 WASHINGTON ST., EMPORIA, KS 66801 • Built in 1925 • 1 bathroom • 1.5-stories with a basement • $600 monthly rent with lease expiring 08/31/2021 • 1,120 sq. ft. finished living space • 2020 taxes: $1,219.16 • 3 bedrooms
1211 GRAND ST., EMPORIA, KS 66801 • Built in 1961 • New paint in 2019 • Split level with a basement • New roof in 2019 • 1,280 sq. ft. of finished living space • $825 monthly rent with lease expiring 09/30/2021 • 3 bedrooms • 2020 taxes: $1,850.68 • 1.5 bathrooms
631 LINCOLN ST., EMPORIA, KS 66801 • Built in 1925 • New windows in 2020 • 1.5 story bungalow with a basement • New exterior paint in 2020 • 1,246 sq. ft. of finished living space • Interior remodel in 2020 • 3 bedrooms • $700 monthly rent with lease expiring 01/31/2022 • 2 bathrooms • 2020 taxes: $883.60 • New roof in April 2020
AGENT CONTACT Once you know Brenda Doudican’s story, it is perfectly clear how and why she became a land agent with Midwest Land Group. Brenda was born in Lyon County, Kansas and grew up a self-professed country girl from a farm family. She spent much of her childhood outdoors where her appreciation of land began. After high school, Brenda stayed close to home, studying marketing and business management at Emporia State University, and she married a man whose family also goes back several generations in Lyon County. She’s an avid hunter who prefers bow hunting, and she can be found hunting whitetails or turkey depending on the time of year. Brenda knows Northeast Kansas land like only a native with deep roots can, and she loves helping people to find their special piece of farming or hunting ground. “I worked in sales after college. When I decided to pursue real estate, I knew that I belonged in land sales,” Brenda explains, “My first year as an agent, I not only became a licensed auctioneer, but also earned my accreditation as a land consultant.” That same year the Emporia Board of REALTORS announced she was the 2nd ranked agent in the area, and she earned the Sunflower Board’s 2014 Rising Star award. Brenda went on to become the Board’s 2015 top land sales agent. Brenda has earned other numerous regional and state accolades over the course of her career, including: Top Land Sales Agent in the Sunflower Region each year since 2015; Top Overall Sales Agent in Kansas 2017, 2018 & 2019; Sunflower Association of Realtors - Master Club Bronze Award for Lifetime Sales Volume in 2019; and Sunflower Association of Realtors - Andy Anderson Silver Award for Lifetime Sales Volume in 2020. She is an official Deer Steward for the Quality Deer Management Association (QDMA) so you can count on Brenda to see a property’s true potential. She knows her stuff when it comes to providing a habitat for deer and better prepping land to become a legacy for future generations. Brenda says, “You BRENDA DOUDICAN, can focus on a property’s habitat and opportunities and make big changes in just a few years.” She’d had her eye on Midwest Land Group for a long LAND AGENT time. She wanted to join a team where she could focus solely on land, put her knowledge of land stewardship to better use and continue growing 620.794.8075 professionally. BDoudican@MidwestLandGroup.com “I knew it was time to come to Midwest Land Group because I enjoy working with sellers and buyers as passionate about land as I am,” Brenda explains. “There may not be many female land specialists out there, but I grew up and have been around land all of my life. It’s my experience, education, family history and gift for connecting the right buyer with the right land that has resulted in so many satisfied clients. I pride myself on facilitating a transaction from start to finish as seamlessly as possible.” When you want an agent with a good eye for spotting land with lots of potential for farming, hunting or both, give Brenda a call to help you find the perfect property. MidwestLandGroup.com This property is being offered by Midwest Land Group, LLC. 913.674.8010. All information provided by Midwest Land Group, LLC or their agents was acquired from sources deemed accurate and reliable, however we do not warrant its accuracy or completeness. Midwest Land Group, LLC assumes no liability for error, omission or investment results. Midwest Land Group, LLC. Licensed in Arkansas, Illinois, Iowa, Kansas, Missouri, Nebraska, Oklahoma, South Dakota, and Wisconsin.
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