2200th Street and US-69 Hwy - The Valley Cabins - 10% plus Cap Rate 12,246 SF Specialty Building Offered at $2,300,000 at a 10.32% Cap Rate in Lacygne, KS 66040

INVESTMENT HIGHLIGHTS

  • Right next to Lacygne Lake. Highway visibility. Tremendous income.

EXECUTIVE SUMMARY

Excellent investment. Financials on the flyer are from 2023. 2024 gross income was $317,348.39. Managed remotely. Remodeled in 2021.

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $2,300,000
Price Per SF $187.82
Sale Type Investment
Cap Rate 10.32%
Property Type Specialty
Property Subtype Trailer/Camper Park
Building Class B
Lot Size 8.92 AC
Building Size 12,246 SF
No. Stories 1
Year Built/Renovated 2000/2022
Zoning AR

PROPERTY TAXES

  • Listing ID: 28049716

  • Date on Market: 3/23/2023

  • Last Updated:

  • Address: 2200th Street and US-69 Hwy, Lacygne, KS 66040