#9

(SW) Two 6-Unit Apartment Buildings on One Lot

420 S. Meridian Ave. Wichita, KS 67213

Last Updated: 2019-04-29T12:51:15-0500 Last Updated: April 29, 2019

McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot

LIVE AUCTION WITH ONLINE BIDDING!  This property is being offered in a multi-property auction conducted off-site at the Holiday Inn (549 S. Rock Rd) on THURSDAY, FEBRUARY 28TH AT 5:30 PM. Registration opens at 4:30 PM or skip the lines and pre-register online. All properties will be open Sunday, February 24th from 1-5 PM. This property is selling with clear title at closing and no back taxes. Property previews available.

Great Investment Opportunity! Offering (2) 6-Unit apartment buildings on a half acre lot. There are (12) 2-Bedroom, 1.5 Bathroom units - each with a separate electric and gas meter. Currently, nine units are occupied with a total monthly income of $4,590 and an annual income of $55,080. This property has potential for $73,980 annual income when fully occupied!

The exterior features a large paved parking lot and privacy fencing.

The interior of the buildings offer central heat and central air. Each unit features a fully-equipped kitchen with a dishwasher, range/oven, and refrigerator. Safety amenities include smoke detectors and there is a coin operated central laundry facility. Situated close to the Delano District only moments away from Friends University, this property is ideally located.

Don't miss out on this fantastic investment opportunity!

DISCLOSURES

The contract will call for a closing on or before 60 days from the date of the auction. | A member of the LLC is a licensed real estate broker in the state of Kansas.

DETAILS

Type

Apartment Complex

Style

Other

Number of Stories

Two

Construction

Frame

Roof

Composition

Amenities/Safety Features

Smoke/Heat Detector
Central Laundry

Utilities

Electric
Sewer
Public Water
Natural Gas

Owner Paid Utilities

Trash Collection
Lawn Maintenance
Water/Sewer

Tenant Paid Utilities

Gas
Electric

Basement Use

Separate Apartments

Basement Finish per Unit

View Out
Other-See Remarks
Bedroom
Bath

Heating

Forced Air
Central Gas

Cooling

Central Electric

Parking

Paved

Appliances

Range/Oven
Disposal
Dishwasher
Refrigerator

Terms of Tenancy

Month to Month
1 Year or More

Floors

Tile
Carpet

DIRECTIONS & MAP

Douglas & Meridian - South to property.

The real estate is offered at public auction in its present, "as is where is" condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or McCurdy Auction, LLC. It is incumbent upon buyer to exercise buyer's own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer's responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or McCurdy was obtained from a variety of sources and seller and McCurdy have not made any independent investigation or verification of such information and make no representations as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer's premium ($1,500.00 minimum) added to the final bid. Broker participation is recognized (3% referral fee offered). Broker registration form is available under the "Downloads" section.

McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot
McCurdy Auction - (SW) Two 6-Unit Apartment Buildings on One Lot

The real estate is offered at public auction in its present, "as is where is" condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or McCurdy Auction, LLC. It is incumbent upon buyer to exercise buyer's own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer's responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or McCurdy was obtained from a variety of sources and seller and McCurdy have not made any independent investigation or verification of such information and make no representations as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer's premium ($1,500.00 minimum) added to the final bid. Broker participation is recognized (3% referral fee offered). Broker registration form is available under the "Downloads" section.