400 W. 15th Ave, Emporia, KS 66801
sale
$2,850,000
|
Multi-Family
Listed By CENTURY 21 Monument Real Estate
The Hillcrest Apartments offer investors a rare chance to own a piece of Emporia's history with modern-day upside. This 34-unit historic property, once part of the original Hillcrest Hospital, has been thoughtfully updated while maintaining its classic character.
Recent improvements include new flooring, fixtures, and select unit renovations, positioning the property for continued rent growth and strong performance. Located just blocks from Emporia State University and the downtown corridor, Hillcrest enjoys consistent occupancy and a desirable tenant mix of professionals, students, and local workforce residents.
With much of the foundational work complete and room to further enhance unit finishes and operations, Hillcrest stands as a stable, income-producing asset with meaningful long-term growth potential.
Recent improvements include new flooring, fixtures, and select unit renovations, positioning the property for continued rent growth and strong performance. Located just blocks from Emporia State University and the downtown corridor, Hillcrest enjoys consistent occupancy and a desirable tenant mix of professionals, students, and local workforce residents.
With much of the foundational work complete and room to further enhance unit finishes and operations, Hillcrest stands as a stable, income-producing asset with meaningful long-term growth potential.
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Property Features
- Age: Over 50 Years Old
- Appliances: Dishwasher
- Appliances: Dryer
- Appliances: Range / Oven
- Appliances: Refrigerator
- Appliances: Washer
- Cross Docks: N
- For Auction: N
- Parking Places: 58
- Price Upon Request: N
- Property Use: Other Residential
- Sewer: City
- Style: Multi-Family (Over 20 Units)
- Sublease: N
- Water: City Water
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