Updated over 8 years ago on .
2 contiguous Duplex Lots available - Wichita, KS
Copying text from my CL Ad -- please reach out to me if you'd like more information - Kechi, KS is in the Wichita Market. You can find the subdivision on Google maps.
Will not do owner finance - cash deal only. (I'm creative - so about the only thing I'd partial trade for is guns - I like nice side by sides and could be swayed by an AA12)
I live about 10 mins away from these lots so I'll drive out some evening and take some photos to add here later.
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This is a for sale by owner
2 lots zoned for duplexes in the Rock Pointe Subdivision which is just N of Highway 254 & Rock Rd at the NW Corner --
Lots 16 & 17 block 1 Rock Pointe if you look up the legal description - 2210-12 Quivira Cir is a property right next door to the two lots. They back up to a shelterbelt and State property which is a maintenance facility for KDOT and a few other govt entities -- so for the long term it looks like nothing will be developed behind this property - located on a Culdesac -- (Per a recent map I've seen it appears the property immediately bordering the KDOT property behind these lots is planned for a park.
Drive in the addition on Quivira Cir and head all the way back to the far SW Corner - the 2 lots are there - will be finished properties on either side.
Addition has an HOA with a very low HOA fee and low specials. (Appx $1100 per lot per year)
Please drive out to the housing development - take a look see the activity taking place there then give me a call if you are interested in purchasing.
I am selling due to a business opportunity that has come up. I presently have plans for a 4 bdrm 3 bath each side duplex with no view out basement - in the addition you'll see about 3-4 different models being built - so take your pick - if you do slab on grade figure around $1195 per unit per mo rent on up to possibly $1500 something per mo per unit if you complete a 5 bdrm 3 bath unit. 4bdrm 3 bath should being $1395- 1495 per unit depending on level of finish.
Construction cost all depends on if you are acting as your own contractor or hiring someone else. i can help connect you with a builder if you need one.
Marketing these properties to fill them with tenants once they are complete should be cake. The present owners in the area have a very bland marketing plan and have had no problem finding tenants. New property always attracts better tenants. Easy to market with the location, close to Koch Industries, Dillons, Wal Mart, Restaurants/Shopping on Rock Rd, WSU, etc etc. Great location -
for schools (please visit here for school boundary maps https://www.usd259.org/Page/11799) Highway 254 (The access road Tigua will also run all the way to Woodlawn so anyone not wanting to turn left onto 254 to head east can just go to the overpass and enter the highway on an on-ramp) Stock market is on a good run but how long will it continue? Create some wealth and preserve it through Real Estate.
$19,600 per lot if you buy both so $39200 for both of them - if you only want one - $22400
Not many decent quality duplex lots available anywhere - so seize the opportunity.