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Manhattan, KS Multi-Unit Housing Development
San Pedro Harbor View's picturesque living room

Manhattan, Kansas

New Construction Four-Plexes next to one of the largest expanding Military base in the country. 20% equity!


For more information, please complete the information request form


Why Manhattan, Kansas?

The Big Red One, 1st Infantry Division is located at Fort Riley Army Base in Manhattan, KS. Fort Riley is one of the largest Army bases in the nation. Through 2011 Fort Riley is going to double in size. There will be nearly twice the number of soldiers and family members.

This is a list of some of the major players that have recently moved to or expanded their operations in Manhattan. Home Depot, Super Wal-Mart, Starbucks, Panera Bread, Target, Best Buy are all currently under construction or have moved here in the last 3 years. Pepsi, Manko Windows, and Covan Moving have also built or expanded there.

Manhattan's Recent and Future Residents

Best Buy
New
Status: Opened October 2006

Food and Safety Security and Research Facility
New
Status: Completed On Time On Budget

Mercy Regional Health Center
Addition
Status: Under Construction

Super Wal-Mart
New
Status: Completed 2004

Home Depot
New
Status: Completed 2003

Target
New
Status: Completed 2003
Pepsi
New
Status: Completed 2004
Ackert Hall Addition (Chalmers Hall)
Addition
Status: Completed 2003
Covan World Wide Moving
New/Relocation
Status: Under Construction
MANKO Window Systems
Addition
Status: Completed 2003

Department of Homeland Security/Bio-Security

Kansas State's Biosecurity Research Insittute

  • $54 Million currently invested
  • Nation's most modern Biosecurity Lab
  • National Agricultural Biosecurity Center

Kansas State University

  • Ranked #5 on Princeton Review's Best Value Universities
  • Nationally Recognized Expertise & Programs in Emerging and Reemerging Infectious Diseases & Livestock Medicine
  • Recent Completion of BSL-3 / 54 Million Invested
  • Part of K State’s Biosecurity Research Institute & it’s National Agricultural Biosecurity Center

Downtown Redevelopment Plan

  • City awarded $50 Million in sales tax bonds from the state
  • City investing additional $20 million
  • Hotel, restaurant, conference center, cultural center, specialty shopping
  • Best Buy, First Anchor tenant opened Octoer 2006

Project Description

  • 52 upscale attached Single Family Home Units
  • 4 Attached Single Family Homes per building
  • Can purchase one 2bdrm and one 3 bdrm
  • Each fourplex is made up of two 2-bed units & two 3-bed units-can be re-sold individually
  • Mixed with 250K to $1M + SF home development
  • Minutes from Ft. Riley and K State college
  • Beautiful 20X40 Pool with restrooms and gazebo/picnic area
  • All units will be rent ready to include washer and dryer, stove, microwave, fridge, blinds

Exit Strategies

  • Flip all 4 - Sell all 4 units as soon as you close escrow
  • One year hold
  • Two year hold

 




For more information, please complete the information request form.


Please note that all prices, building costs, interest rates, appreciation rates and terms are subject to change without notice. NREI Club is not responsible for losses, damages, or changes in the market conditions. Investors are urged to perform their own due diligence investigations before entering into any real estate transaction, or other contractual relationship, and prior to making a purchase decision.

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