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Apartment complex
Listing ID: DW 10-02 Apartment Complex Location: Hays, KS  
Brief:
The LaMesa Apartments, located at 517 Mission Mount in Hays, KS consist of two buildings and 14 apartment units located in West Central portion of Hays, Ks. The complex, which was originally constructed in the 1930’s has undergone various renovations over the last 10-15 years which have included work on the outside as well as the interiors of the apartments. The complex is centrally located and is approximately 8 blocks from Fort Hays State University and 8 blocks from downtown Hays. At the west end of Mission Mount, a street which certainly has a distinction of being the narrowest street in the city. It is 4’ wide sidewalk. The complex has 11-1 Bedroom units, 2-2 Bedroom units and 1-Studio Apartment. All units have a refrigerator and stove and approximately ½ have a dishwasher. There is a laundry facility located on the premises with two coin operated washers and dryers available for tenants usage. The roof and mechanical systems have been periodically updated and are currently in good working condition. All units have separate electric and gas meters with the owner paying for water, sewer and trash removal. The occupancy history is excellent which possibly indicates that rents are below market rates. The current owner has installed an exterior video surveillance system which records activity on the exterior of the complex with three days of history. The asking price for the complex is $325,000.00. For more informaiton call Doug Williams 785-623-1100
Listed Price: $325,000
Total Sales: N/A
Seller's Discretionary Earnings: N/A
Fixtures Furniture, & Equipment: $0.00 (Included in Listing Price)
Real Estate: $0.00 (Included in Listing Price)
Inventory: $0.00 (Included in Listing Price)
Financing / Terms:
   
Business Information
Year Established: 1930
Number of Employees: 0 Full Time / 1 Part Time
Days and Hours of Operation:
Relocatable: No
Franchise Information:
Facilities / Location:
   
Lease Information
Lease Expiration Date:
Option:
Monthly Rent:
   
Additional Information
Reason for Selling:
Business Description:
Potential for Growth:
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