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504 E Chellis St
Yates Center, KS 66783
Prairie Springs · Multifamily Property For Sale · 24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 1.90 AC |
| Property Type | Multifamily | Building Size | 60,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | B | Year Built | 1986 |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.90 AC |
| Building Size | 60,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1986 |
UNIT AMENITIES
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
ABOUT 504 E CHELLIS ST , YATES CENTER, KS 66783
We appreciate your interest in this opportunity. The unit you are inquiring about has just been brought out of USRD 15 project based subsidized housing, managed and run by the government. They are in need of rehabilitation, thus providing you first shot at the add-value, sweat equity available. Historic financials noted in the audit, flow from a highly-regulated government project. Going forward these facilities will be openly run, privately owned properties, with tenet based, rather than project based subsidies. (you can keep current tenants and their subsidies) some tenants have lived there 30 plus years.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | 659 |
| 2+2 | 8 | - | 914 |
PROPERTY TAXES
| Parcel Number | 136-14-0-10-20-001.01-0 | Improvements Assessment | $47,041 |
| Land Assessment | $1,289 | Total Assessment | $48,330 |
PROPERTY TAXES
ZONING
| Zoning Code | RP-2 (Commercial Residential) |
| RP-2 (Commercial Residential) |
