Ogden, Kansas Opportunity

Why Kansas?

2, 3 and 4 Bedroom Units Starting at $148,168

6 Month Guaranteed Lease Back! Bonus! You keep all rent from renter during guaranteed leaseback period!

For more information, please complete the information request form

The US Army is transferring thousands of soliders to Ft. Riley during 2005 to 2008.

"Over the next five years, the number of troops at the fort will double to around 20,000. Because of the higher demand there will be fewer housing choices..." (The Manhattan Mercury May 2007)

Why Are Military Tenants Low Risk?

Non-payment is not tolerated by the US Army. As a property owner you may report these issues directly to the tenant’s commanding officer. The Military will force payment.
Military members transfer every 3 to 4 years so they are much more likely to rent than buy.
As soldiers are deployed, family members normally remain in the area as the “soldier spouse” will return to the same base once the unit comes back from deployment.

Job Growth

"Communities surrounding Fort Riley will experience a significant rate of population growth and economic expansion during the next 6 to 10 years due to a variety of Department of Defense initiatives. A key element in this change involves the relocation of approximately 9,700 troops and the hiring of approximately 2,000 civilian workers at the installation" (Strategic Action Plan and Growth Impact Assessment, October 2006).

The expansion of Fort Riley’s troop count will have a ripple effect on all businesses in the surrounding areas. This expansion will dramatically reduce the risk to the mid and long term investor.

Amenities and Attractions

5 minutes to Fort Riley and the Colbert Hills Golf Course and the Manhattan Airport
10 minutes to Kansas State University
20 minutes to Tuttle Creek and Milford Lake both of which have major boating, camping and fishing areas which host the ESPN and other professional fishing tournaments

More Incentives

No HOA or Management Fees for 2 years!
2% of Closing Costs Paid by Builder (using preferred lender)
Total closing costs estimated at 2.5% plus escrows

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.