Improved Commercial Land for Sale in Concordia, Kansas

The Mount Joseph Apartments project in Kansas does indeed sound like an enticing real estate investment opportunity, especially with its prime location and potential for expansion. With 63 units planned and 17 units already underway, it offers a solid foundation for growth. Estimated potential income at $12,500 per month with 17 fully occupied units. The inclusion of a brand new parking area is a practical addition that adds convenience and value for potential residents, enhancing the overall appeal of the property. Additionally, being nestled on the edge of town next to Lost Creek provides a serene and picturesque setting, which can be a major selling point for tenants seeking tranquility and natural surroundings. Given the size of the property at 6.83 acres and a building square footage totaling 54,046, there's ample space for future development or the addition of amenities to further attract tenants and enhance the overall value of the investment. For those interested in real estate investment, Mount Joseph Apartments presents an opportunity worth considering, offering the potential for both immediate returns and long-term growth. This property is under construction and selling "as is" before the 17 units are completed.