SUNDANCE OF HAYS APARTMENTS

Download Marketing Package & Financial Summary Here

Download Hays_Sundance_Hays_KS_Marketing_Package_1-10-2017.pdf
SUNDANCE OF HAYS APARTMENTS
  • Hays, KS is home to Fort Hays State University which has an enrollment of 14,210 students
  • Within Minutes of Shopping, Restaurants, Parks, Schools, & Entertainment
  • Asking Rents are Well Below Max Net LIHTC Rents
  • 2 & 3 Bedroom Floor Plans

1311 East 33rd Street
Hays, KS 67601

  • Status: Closed
  • Price: $2,200,000
  • # of Units: 56
  • Rentable SF: 47,152
  • Price per Unit: $39,286
  • Price per SF: $46.66
  • Year Built: Phase I: 1998 & Phase II: 2000
  • # of Buildings: 4
  • Lot Size: 4.30 Acres
  • Density: 13.02 Units/ Acre
  • # of Stories: 2
  • Download Marketing Package:
  • Description:

    • Sundance of Hays Apartments is a 56-unit affordable housing community located
      in Hays, KS. Within blocks of the property you’ll find public parks, schools,
      shopping, entertainment, and other area amenities. Residents benefit from well
      maintained grounds, on-site leasing office, and playground.


      Sundance of Hays was built and placed into service in 1998 (Phase I) & 2000 (Phase
      II) under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There
      are existing regulatory agreements in place which requires all units to be rented
      to income qualifying residents earning no more than 60% of Area Median Income
      (AMI) limits, which are provided by Kansas Housing Authority. The property is out
      of its initial tax credit compliance period. A qualified purchaser can be a non-profit or for-profit entity that agrees to maintain the affordable housing units and to fulfill all requirements
      of an existing regulatory agreement.

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