Prime Multifamily Investment Opportunity: High-Performing Triplex in Southwest Topeka, Kansas
Dear Fellow Investor,
Discover a stable, cash-flowing triplex in one of Topeka's premier neighborhoods—where rental demand is robust, property values continue to appreciate, and easy value-add opportunities can elevate your returns. This attractive property, actively listed on Crexi (Property ID: 2312683, "High - Tri-Plex"), offers immediate income, built-in upside, and an exceptional location in southwest Topeka.
Fully occupied with three dependable tenants, this triplex provides reliable cash flow from closing. Current rents sit below market, allowing room to incrementally raise them for natural NOI growth—achieved through minor adjustments rather than costly renovations or high turnover.The primary value-add is straightforward: the on-site garage, presently utilized by the owners for construction company storage. Clear it out and lease it independently—for parking, storage, or utility space—unlocking substantial additional monthly income with little investment.
Located in coveted southwest Topeka, tenants enjoy the vibrant Wanamaker Corridor—Topeka's leading retail and dining area with West Ridge Mall, national stores, and conveniences. Recreation abounds at nearby Gage Park (featuring the popular Topeka Zoo), Skyline Park's trails and views from Burnett's Mound, serene Lake Sherwood, and the connected Shunga Trail network. Superior highway access, combined with tidy streets and abundant natural amenities, delivers the suburban lifestyle that retains quality tenants year after year.
Topeka's multifamily market remains a standout for investors: affordable entry points, steady appreciation (with recent trends showing 4-6% annual gains and positive forecasts through 2026), and strong fundamentals driven by government, healthcare, and education sectors. Properties like this triplex thrive on high occupancy and resilient demand in a cost-effective Midwest hub.This is a turnkey asset with proven performance, rent growth potential, garage revenue upside, and location advantages—ideal for portfolio expansion, passive income, or value creation.
Available now on Crexi's commercial real estate marketplace. Review the full listing, request pro forma financials, and schedule your tour today. Opportunities like this in prime southwest Topeka move quickly—secure it before it's under contract!Serious inquiries welcome—contact the broker directly via Crexi.
Dear Fellow Investor,
Discover a stable, cash-flowing triplex in one of Topeka's premier neighborhoods—where rental demand is robust, property values continue to appreciate, and easy value-add opportunities can elevate your returns. This attractive property, actively listed on Crexi (Property ID: 2312683, "High - Tri-Plex"), offers immediate income, built-in upside, and an exceptional location in southwest Topeka.
Fully occupied with three dependable tenants, this triplex provides reliable cash flow from closing. Current rents sit below market, allowing room to incrementally raise them for natural NOI growth—achieved through minor adjustments rather than costly renovations or high turnover.The primary value-add is straightforward: the on-site garage, presently utilized by the owners for construction company storage. Clear it out and lease it independently—for parking, storage, or utility space—unlocking substantial additional monthly income with little investment.
Located in coveted southwest Topeka, tenants enjoy the vibrant Wanamaker Corridor—Topeka's leading retail and dining area with West Ridge Mall, national stores, and conveniences. Recreation abounds at nearby Gage Park (featuring the popular Topeka Zoo), Skyline Park's trails and views from Burnett's Mound, serene Lake Sherwood, and the connected Shunga Trail network. Superior highway access, combined with tidy streets and abundant natural amenities, delivers the suburban lifestyle that retains quality tenants year after year.
Topeka's multifamily market remains a standout for investors: affordable entry points, steady appreciation (with recent trends showing 4-6% annual gains and positive forecasts through 2026), and strong fundamentals driven by government, healthcare, and education sectors. Properties like this triplex thrive on high occupancy and resilient demand in a cost-effective Midwest hub.This is a turnkey asset with proven performance, rent growth potential, garage revenue upside, and location advantages—ideal for portfolio expansion, passive income, or value creation.
Available now on Crexi's commercial real estate marketplace. Review the full listing, request pro forma financials, and schedule your tour today. Opportunities like this in prime southwest Topeka move quickly—secure it before it's under contract!Serious inquiries welcome—contact the broker directly via Crexi.
Henry McClure
Time kills deals
785-383-9994
www.henrymcclure.live
