Multifamily
Evoke 74
732 S St Clair St, Wichita, KS 67213
Listing Price: Request For Offer
Number of Units
74
Occupancy
87.8%
Gross SF
47,070
Investment Overview
Marcus & Millichap is pleased to announce the exclusive listing of Evoke 74, a 74-unit apartment community in Wichita, KS.
Evoke 74
Investment Highlights
- Revenue growth potential through aligning rents to market rates could boost revenue by over 20%.
- Income opportunities through implementing a water expense recapture program could generate additional income without extra costs.
- Operational efficiency can be showcased by utilizing shared resources across properties to reduce costs and improve cash flow.
- Strategic unit upgrades involving an investment of $6,500 per unit can attract higher-paying tenants and increase rental income by $151 per unit.
Broker of Record
Financing By
Listing Price: Request For Offer
Number of Units
74
Occupancy
87.8%
Gross SF
47,070
Investment Highlights
- Revenue growth potential through aligning rents to market rates could boost revenue by over 20%.
- Income opportunities through implementing a water expense recapture program could generate additional income without extra costs.
- Operational efficiency can be showcased by utilizing shared resources across properties to reduce costs and improve cash flow.
- Strategic unit upgrades involving an investment of $6,500 per unit can attract higher-paying tenants and increase rental income by $151 per unit.
Investment Overview
Marcus & Millichap is pleased to announce the exclusive listing of Evoke 74, a 74-unit apartment community in Wichita, KS.
Broker of Record
Financing By
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