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740 US-36 Highway
Smith Center KS 66967 US

$99,500

Active Listing ID 81479
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8,733 sqft
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Built in 1954
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Lot: 1.20 acre
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Other

$99,500

Active Listing ID 81479
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740 US-36 Highway Motivated Seller!! Meet our newest investment property listing, it's an Apart-Motel! Half-apartment, half-motel. This hybrid hospitality concept gives an investor the best of both worlds for multiple income producing streams. The owner of this facility has done a masterful job of re-engineering the property in order to feature both apartments and motel rooms.


The 18-unit U.S. Center Long Term Stay Motel and Apartments offers 8 apartments (2-two-bedroom apts. 6-one-bedroom apts.) and 10 single motel rooms (One-1 bed and Nine-Double beds). The property is being offered at a very attractive price per room unit ($8, 305). The current owner has completely refurbished this facility inside and outside. Each apartment is fully furnished with nice hardwood furniture and full kitchens. Comfort and space are assured thanks to the separate bedroom and living area throughout the apartments.

Applequest Manufacturing is set to open a new state of the art manufacturing facility in the middle of 2020. They are forecasting 30 new jobs within the first two years and have a goal of 100 new jobs by year five. Now is a great time to consider investing in an income producing real estate property in Smith Center, Kansas. The property location is on the busy U.S. Hwy 36, on the east side near the new Smith County Hospital. Nearby attractions include the Home on the Range Cabin and the Center of the 48 States. Draws to Smith Center include the New Hospital, Schools, Agriculture, Manufacturing and Hunting. Call today to learn more about this turnkey investment property in Smith Center, Kansas.

Property Features:
Located on U.S. Highway 36, Recently Refurbished Inside and Out, Furnished Smoke Free Rooms, New Roof 2018, New Siding 2014, New Windows 2015, New Doors 2015, Late Model Kitchen Appliances, Public Laundry Facility, Private Motel Laundry Facility, Mechanical Room, Large Parking Lot, Large Backyard. Located Near the Hospital.

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Property Features

  • Facts
  • Built in: 1954
  • Lot Size: 1.20 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Roof Type: Composition Shingle
  • Heating Systems: Wall Unit
  • Additional Features
  • Basement
Listing Changed: 3/31/2021 7:59:56 PM GMT
Source Updated Date: 4/19/2021 6:30:03 AM GMT

Courtesy of: Shawn Phelps, Realty One Group Solitude

Listing Source - ListHub

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