4701 Stagg Hill Rd
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4701 Stagg Hill Rd
22,600 SF Speciality Building Offered at £2,741,550 at a 8% Net Initial Yield in Manhattan, KS 66502
Investment Highlights
- Quick access K-18 and Scenic Drive.
Executive Summary
Seize this incredible investment opportunity on Manhattan’s west side, perfectly positioned adjacent to K-18 and Scenic Drive. This package includes three buildings and a vacant lot, all secured with long-term leases extending into 2035, generating an impressive $331,000 in annual revenue. One building was recently constructed in 2024 and offers significant potential for future growth and development, adding even more value to this already lucrative property. Lease documents are available for review. Don’t miss out on this rare opportunity! Contact Lori at Back Nine Realty today to learn more- 785.236.0164.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £2,741,550 | Building Class | C |
| Price Per SF | £121 | Lot Size | 3.26 AC |
| Sale Type | Investment | Building Size | 22,600 SF |
| Net Initial Yield | 8% | Number of Floors | 1 |
| Property Type | Year Built | 1948 |
| Price | £2,741,550 |
| Price Per SF | £121 |
| Sale Type | Investment |
| Net Initial Yield | 8% |
| Property Type | |
| Building Class | C |
| Lot Size | 3.26 AC |
| Building Size | 22,600 SF |
| Number of Floors | 1 |
| Year Built | 1948 |
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PROPERTY TAXES
| Parcel Number | 218-27-0-00-00-012.00-0 | Improvements Assessment | £49,967 (2024) |
| Land Assessment | £10,526 (2024) | Total Assessment | £60,493 (2024) |
PROPERTY TAXES
Parcel Number
218-27-0-00-00-012.00-0
Land Assessment
£10,526 (2024)
Improvements Assessment
£49,967 (2024)
Total Assessment
£60,493 (2024)
zoning
| Zoning Code | C |
| C |
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Back Nine Realty
4701 Stagg Hill Rd
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