Once in a lifetime Turnkey Investment Opportunity!!!!Discover your oasis in Valley Falls, Kansas! Immerse yourself in the charm of our luxurious multifamily apartment complex, boasting 19 stunning units across 2 buildings on a lush 4+ acre property. All units are currently rented with streaming income. Experience the convenience of ample parking, a vibrant community garden, and two tranquil ponds. With easy access to Lawrence and Topeka, you'll enjoy the best of both worlds. Choose from a range of studios to three-bedroom units, with a gym and laundry facilities for your utmost comfort. Welcome home to secure entrances and breathtakingly landscaped surroundings, where elegance meets convenience. Live the life you deserve at our beautifully appointed retreat!This investment opportunity holds great potential as it offers flexibility to function as apartments while also satisfying state and local coding requirements for assisted living facilities. This dual-purpose nature provides a unique advantage in the real estate market.The ability to switch between the two uses also offers flexibility in adapting to changing market conditions. If there is a surge in demand for assisted living services, the property can easily transition to solely operate as an assisted living facility. Alternatively, if the market favors apartments, it can be converted back to cater exclusively to residential renters.Ultimately, with the flexibility to cater to two different markets and the ability to adapt to changing conditions, this investment opportunity combining apartments and assisted living facilities presents a compelling option for maximizing returns while meeting the needs of the local community.
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Service - 220v, Electric to Site, Gas to Site, Telephone On-Site, Sanitary Sewer, Water/Sewer
See Remarks
Interior Features
Accessibility
Doors.Baths.Accessible Bathroom, Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s).
Exterior / Lot Features
Parking
Common, Garage, Parking Lot.
Driving Directions
From Kansas University Lawrence Ks.-Drive east on Jayhawk Boulevard. Turn left onto Mississippi Street.
Turn right onto US 40/US 59/West 6th Street. Keep left to take US 40/US 59/Massachusetts Street.
Turn left onto US 40/US 59/Massachusetts Street. Continue on US 59.Turn right to stay on US 59.
Turn left onto KS 16.Turn left to stay on KS 16.Turn left onto KS 4/KS 16.Turn right to stay on KS 16.
Turn left onto Linn Street.
From Topeka I-70 service station- Drive southeast on Hardee's Drive-through.
Turn left. Bear left. Stay straight to take the I 70 ramp.
Keep right to stay on I 70 toward I-70 West/US 40 West/KS 4 West/Topeka.
Take exit 366 toward US 40 East/ KS 4 East. Stay straight to take the ramp.
Keep right to take US 24/KS 4. Take the exit.
Turn left onto KS 4/Northeast Sherman Road. Continue on KS 4.
Turn left onto KS 16. Turn left onto Linn Street.
Your destination is on the left.
Your destination is on the left.
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