Q2 2012 Wichita, Kansas Apartment Property Sales Analysis

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Q2 2012 Wichita, Kansas Apartment Property Sales Analysis


The most recent apartment investment sale was in the second quarter of 2011, when Case & Associates Properties purchased the 188-unit Huntington Park Apartments in Wichita from Huntington Park Holding LLC for $10.7 million ($56,915 per unit). Prior to that sale there had been none since 2008. The deal had a 6.0% cap rate.