Salina Multifamily Buyer
Sell Your Commercial Property In Salina, KS
Own a commercial apartment building of five or more units in Salina? We purchase multifamily properties around Downtown Salina, Schilling, and the rest of Saline County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Downtown Salina · Schilling · South Salina · Assaria — Saline County, KS
Market Snapshot
Renter Demand In Salina
Salina, Kansas, is home to 46,307 people, per ACS 2020-2024. Median household income in Salina is $61,783, and median gross rent is $959 a month.
Renters hold 35.9% of Salina homes, and rental vacancy stands at 1.7%. Buildings of five or more units make up 9.9% of Salina housing, and 71.0% of homes predate 1980. Salina Regional Health Center serves a 14-county area. This page gathers the rent, tax and lease figures buyers request when owners sell commercial property in Salina, KS.
Salina Regional Health Center
The Salina hospital reports 393 beds, more than 1,300 employees and a 14-county service area of over 170,000 people.Manufacturing workforce
Manufacturing employs 3,533 Salina residents, or 15.0% of workers, versus 12.4% statewide, per ACS 2020-2024 table DP03.K-State Salina campus
Kansas State University's Salina campus supported 364 jobs and $37.2 million in regional economic impact in fiscal 2023.Our Buy Box
What We Buy In Salina
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Salina Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Salina
Renters occupy 35.9% of Salina homes, or 7,000 of 19,474 households, per ACS 2020-2024 table B25003. Saline County sits at 32.9%.
Buildings with five or more units hold 9.9% of Salina housing, per table B25024. In Salina, 71.0% of homes predate 1980, per table B25034.
Rents and affordability in Salina
Median gross rent in Salina is $959 a month, per ACS 2020-2024 table B25064. Rental vacancy is 1.7% in table DP04. In table B25070, 36.1% of Salina renters spend 30% or more of income on rent.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $833 |
| One bedroom | $839 |
| Two bedroom | $1,097 |
| Three bedroom | $1,386 |
| Four bedroom | $1,442 |
These HUD FY2027 fair market rents cover the Saline County, KS FMR area. The two-bedroom figure runs $138 above the Salina median. Owners who sell commercial real estate in Salina, KS can show buyers that gap.
Property taxes in Saline County
A $2,000,000 Salina apartment building in USD 305 owes about $32,074.42 at 2025 levies. Kansas assesses multi-family property at 11.5% of value under K.S.A. 79-1439.
The 2025 Saline County levy sheet lists 139.454 total mills for Salina tax unit 010. Assessed value is $2,000,000 x 11.5% = $230,000, and $230,000 x 139.454 / 1,000 = $32,074.42.
The City of Salina levies 28.568 of those mills, down from 29.417 in 2024. Anyone planning to sell commercial property in Salina, KS should expect buyers to model this bill. Appeals are due within 30 days of the valuation notice mailing under K.S.A. 79-1448.
Landlord rules in Salina
Kansas caps deposits on unfurnished units at one month's rent under K.S.A. 58-2550. The balance is due within 14 days after charges are determined.
A landlord may terminate when rent stays unpaid three days after written notice, per K.S.A. 58-2564. K.S.A. 12-16,120 bars Salina and other Kansas political subdivisions from enacting rent control.
What it means for an owner in Salina
Salina pairs 1.7% rental vacancy with a $959 median rent and 139.454 mills in USD 305. Before you sell commercial property in Salina, KS, test your income with our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings for cash. To sell your apartment building in Salina without a listing, review our direct sale process.
Seller Notes
Salina Seller Checklist
More about selling in Kansas →Investing in Salina? See apartment syndications in Salina →
- The City of Salina levies 28.568 of 139.454 mills, or 20.5% of a 2025 USD 305 bill.
- Owners selling commercial property in Salina face 25% assessment on commercial and industrial real property.
- A 1.7% rental vacancy shapes pricing when you sell commercial real estate in Salina, KS.
Seller Guides
Salina Seller Situations
Learn More
Taxes & Rules For Salina Property
The Kansas rules that shape any deal in Salina: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Salina Seller FAQ
What numbers matter when I sell commercial property in Salina, KS?
Buyers start with three figures. Salina median gross rent was $959 a month in ACS 2020-2024, and rental vacancy was 1.7%. A $2,000,000 apartment building in USD 305 carries about $32,074.42 in 2025 property tax at 139.454 mills.
Which taxes apply when I sell commercial real estate in Salina, KS?
Annual property tax drives buyer math. Kansas assesses apartments at 11.5% of value and commercial real property at 25%, under K.S.A. 79-1439. Salina tax unit 010 carries 139.454 mills for 2025, with 28.568 going to the City of Salina.
How do Salina rents compare with HUD fair market rents?
Salina median gross rent of $959 sits $138 below HUD's FY2027 two-bedroom fair market rent of $1,097 for Saline County. The Saline County median is $961. Owners who sell multifamily property in Salina can show buyers that gap.
How fast must a Salina landlord return a security deposit?
K.S.A. 58-2550 caps a deposit on an unfurnished unit at one month's rent. The balance is due within 14 days after charges are determined. Furnished units allow up to one and a half months' rent, and pets add up to half a month.
Can Salina pass rent control?
No. K.S.A. 12-16,120 bars any Kansas political subdivision from enacting, maintaining or enforcing an ordinance that controls rent on private residential or commercial property. Salina rents follow the market, at a $959 median in ACS 2020-2024.
What if my Salina building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Saline County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Can I sell rental property in Salina with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Salina?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Get An Offer Review In Salina
A few details are enough to start. We respond to every Salina submission, including off-market and pocket listings.
