Wichita Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Wichita, Kansas
Wichita: In the Spotlight
Wichita, Kansas is located 143 miles from the city of Topeka and is part of the Wichita, KS Metropolitan Statistical Area (MSA). The population of Wichita is just over 389,000, making it the most populous city in the State. It also covers just 166 square miles of land. Known as the “Air Capital of the World”, Wichita is where the first commercial airplanes were mass produced in the United States, and was once the city where the now legendary Wyatt Earp had earned a living as a policeman.
- The unemployment rate is around 5%.
- The median household income is $55,056.
- The median age in Wichita is 35 years old
- Wichita employs over 190,000 residents
- Wichita has a high vacancy of around 8% across all rental properties
- There has been a marginal rent increase, to $838 per month
- The homeownership rate is roughly 58%, which leaves around 42% of residents looking for rental properties.
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Wichita Apartment Loan and Multifamily Property Facts
Wichita is part of the Kansas market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in Wichita, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Wichita Apartment Loan and Lending Options
In Wichita, Kansas there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your Wichita Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Wichita, KS. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Wichita is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Wichita Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.