Woodland Apartments

2804 E 9th Ave. Winfield, KS 67156

Winfield
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,800,000
Last Verified:
Jun 26, 2025

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Highlights

  • 46-Unit Multifamily Property
  • Original building constructed in 1972 and renovated in 2014. Newer building constructed in 2015
  • Spacious units with high-end finishes
  • Tenant pays gas and electric. Landlord pays trash and water
  • NOI (Proforma): $300,833
  • Cap Rate: 7.92%
  • Sale Price: $3,800,000

Description

Woodland Apartments offers 46 two and three-bedroom units. The original building was renovated in 2014 and the new building was constructed in 2015. The property has spacious units with high-end finishes, washer & dryer hook-ups, and all stainless-steel appliances. Woodland Apartments is located on the east side of Winfield along Hwy. 160 (9th Ave.)

Located in Winfield, KS

Building Size: 51600sq ft
Lot Size: 0 acres


Documents

Woodland Apartments Flyer.pdf

Map of 2804 E 9th Ave., Winfield, KS, 67156

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.