Updated Oct 12, 2026
Adam Norris Leases MultiFamily Property To Edward Hall At 1070 Bedford Street In Wichita
1070 Bedford Street
$4,000
$4,000/SF
Building Size
970 SF
Asset Type
MultiFamily
Closing
Nov 30, 2024
About this deal
AI
The property asset involved in this transaction is located at 1070 Bedford Street in the Wichita market. It is classified as a MultiFamily asset, occupying a total area of 970 square feet. The lease was agreed upon for an amount of $4,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,000
- Address: 1070 Bedford Street
- Market: Wichita
- Square Feet: 970.0
- Tenant: Edward Hall
- Landlord: Adam Norris
- Brokers: Fred Nabati (Trimax Realty & Loan)
This transaction features key individuals including the tenant Edward Hall and landlord Adam Norris. Fred Nabati, representing Trimax Realty & Loan, acted as the broker in this lease agreement.
On the Map
$4,000
$4,000/SF
MultiFamily
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Players
Wichita MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3965.75%
Cash-on-Cash
-1133.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93