Silverwood Apartments

2726 East 12th Avenue, Winfield, KS 67156
Status: Available
Year Built: 2000
Price: $2,500,000
For more information please contact:
jeff@lihtcadvisors.com
Price Per Unit: $52,083
Price Per SF: $57.99
# of Units: 48
# of Buildings: 4
# of Stories: 2
Rentable SF: 43,108
Lot Size: 2.9 Acres
Density: 16.55 Units/Acres

Highlights:

  • Winfield is Located Approximately 40 Miles Southeast of Wichita
  • The Aircraft Manufacturing Industry in Nearby Wichita- One of the World’s Principal Aircraft-Manufacturing Centers- Provides Employment for Many Winfield Residents
  • Considered a Relatively Small Town with Approximately 12,301 Residents, Winfield has Some Big City Features Including a Four-Year College and Several Fortune 500 Companies, such as, Coca Cola, Rubbermaid, GE Engine Service, and S & Y Industries
  • Rubbermaid Cooler is Manufactured in Winfield, at the Newell-Rubbermaid plant; Several Other Key Employers Include Silgan, Galaxy Technology, Husky Liners, and GE Aviation Which Occupies a Facility in Winfield, as well as, a Plant at Nearby Strother Field
  • Winfield’s Flagship Institution is Southwestern College- a Four-Year Private College and Top Tier Provider of Online Bachelor’s and Graduate Degrees as Recognized by U.S. News and World Report
  • Formerly a LIHTC Property that has Been Fully Converted to Market Rate

Description:

Silverwood Apartments is a 48-unit housing community located in Winfield, KS, a town 40 miles southeast of Wichita. The property is conveniently located close to major employers, shopping, and healthcare. Education facilities are nearby and include primary, secondary, and higher education institutions.

The property was built in 2000 and consists of one, two, and three bedroom apartment homes. Each unit comes standard with a fully equipped kitchen, extra storage, patio/balcony, and walk-in closets. Washer and dryer connections are available in the three bedroom units. Community amenities include a playground, an on-site laundry facility, walking paths, an on-site leasing office, assigned parking, and high speed internet access.

Winfield is a city in and the county seat of Cowley County, Kansas, situated along the Walnut River in South Central Kansas. The city has a population of 12,301 and is the second most populous city of Cowley County and has twice been rated as one of “The 100 Best Small Towns in America” in a nationwide guide.

The city is home to several Fortune 500 Companies, such as, Coca Cola, Rubbermaid, GE Engine Service, and S & Y Industries. The universally-known orange Rubbermaid cooler is manufactured in Winfield, at the Newell-Rubbermaid plant. Several other key employers, include Silgan Dispensing Systems and Husky Liners, Inc., who also produce plastic products.

Winfield’s flagship institution is Southwestern College, an independent, four-year school related to the Methodist Church. Southwestern has a total of 1,850 students on campus, at outreach centers in Wichita and Oklahoma City, and online.

A Vietnam Memorial Wall- a replica of the Washington, D.C. monument- with the names of Kansans who died in the war, is the centerpiece of Memorial Park. Other community assets are the Winfield City Lake, a 1,130-acre lake with marina, boat docks, and sand beaches, Island Park, a long-time Chautauqua site, found at the north end of Main Street, the Cowley County Historical Society Museum, the Cowley County Fair, and the Walnut Valley festival.

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