82-Unit Wichita Multifamily Portfolio

827 N Glendale St, Wichita, KS 67208

82-Unit Portfolio in Central Wichita: Strategically located in a stable and established submarket, this portfolio offers scale with 82 units across multiple adjacent properties—ideal for investors targeting efficient operations and long-term growth in a low-supply environment.

$273,632 In-Place NOI with 85.37% Occupancy: Strong existing income stream with stable tenant base across 82 units; current occupancy and cash flow provide a solid foundation with upside through rent adjustments, water recapture, and continued lease-up.

Below-Market Rents with 20% Potential Upside: Current weighted average rents are $644—significantly below market. Aligning rents through a mark-to-market strategy presents immediate revenue growth potential of over 20%, with minimal capital outlay.

Auctioneer Name: Richard Shawn Terrel

Auctioneer License: 00216208

 

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Contacts

broker
Doug Clark

RealINSIGHT Marketplace

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Transit Score ®

    23/100 Minimal Transit

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Wichita, KS
  • Neighborhood New Day
  • Zip Code 67208
  • Market Wichita

Points of Interest

  • Safari Express Main Station

    7.22 miles

  • Safari Express Gorilla Station

    7.40 miles

  • QuikTrip

    0.30 miles

  • Phillips 66

    0.67 miles

  • Kwik Shop

    1.15 miles

  • Sinclair

    1.96 miles

  • JumpStart

    2.04 miles

  • Erie's Corner

    2.12 miles

  • Tesla Supercharger

    6.85 miles

  • Wesley Medical Center Public Parking

    1.01 miles

  • Parking Garage

    1.55 miles

  • The Flats At WSU

    1.61 miles

  • McDonald's

    2.64 miles

  • Old Town Parking Garage

    2.72 miles

  • Lot W

    3.00 miles

  • Lot N

    3.03 miles

  • Lot Q

    3.09 miles

  • area to ride bikes

    3.11 miles

  • Lot H

    3.16 miles

  • Wesley Inn

    1.01 miles

  • Candlewood Suites

    1.40 miles

  • Hyatt Place

    1.50 miles

  • Starlite Motor Lodge

    1.63 miles

  • Days Inn & Suites Wichita East

    2.08 miles

  • La Quinta Inn & Suites Wichita

    2.12 miles

  • Holiday Inn Wichita East I-35

    2.34 miles

  • Super 8 Wichita East

    2.52 miles

  • BEST WESTERN PLUS Eastgate Inn & Suites

    2.58 miles

  • Hilton Garden Inn Wichita

    2.61 miles

  • Burger King

    0.23 miles

  • Sit @ Thai Express

    0.30 miles

  • Sugar Sisters Bakery & Cafe

    0.32 miles

  • Bella Luna

    0.32 miles

  • Papa Murphy's

    0.33 miles

  • Local Flavor Grill & Tapworks

    0.45 miles

  • DQ Grill & Chill

    0.46 miles

  • Sonic

    0.50 miles

  • Chick'n Max

    0.50 miles

  • M. I. F. Deli

    0.57 miles

  • Adams Elementary School

    0.26 miles

  • Robinson Middle School

    0.53 miles

  • Hyde Elementary School

    0.65 miles

  • Hyde Magnet School

    0.66 miles

  • Price Elementary School

    0.90 miles

  • Holy Savior Catholic Academy

    1.02 miles

  • College Hill Elementary School

    1.10 miles

  • Saint Thomas Aquinas Elementary School

    1.27 miles

  • St Thomas Aquinas Catholic School and Church

    1.27 miles

  • Farbique School

    1.28 miles

  • Child Development Center

    5.04 miles

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Contact Listing Broker
broker
Doug Clark

RealINSIGHT Marketplace

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