At a Glance
- Year built: 1952
- Floors: Carpet, Other
- Date added: Added 2 months ago
- LeaseTerm: No Lease
Description
- Description: Investor opportunity! This 9-unit motel in Wellington, KS, is ready for its next owner. All units are 1-bedroom with attached bathrooms, and the office is the only unit with a kitchen. The property needs some TLC but has great potential. Features include a new roof, laundry appliances, office kitchen appliances, and a storage building with garage doors. Don’t miss this chance to add value and generate income—schedule a showing today! All units are currently rented out. Allow 48 hours notice for showings. Net income is around $3,000 a month. The current owner has applied to the county for a tax exemption and was approved. New owner would have to reapply if wanted. For Showings, please give 48 hours notice. To see all properties, please give 1 week notice. Seller would like to give tenants 60 day notice to vacate and $10,000 non-refundable EM with contract acceptance. Show all description
Listing Record
- MLS ID: SCK651250
- Status: Expired
Financial
- Tax Year: 2024
Additional Details
- Exterior Material: Other
- Roof: Composition
- Heating: Electric, Natural Gas, Wall Unit(s)
- Cooling: Central Air, Electric, Window Unit(s)
Agent Contact
- List Office Name: Berkshire Hathaway PenFed Realty
- Listing Agent: Pamela, Hinman
- Agent Phone: (620) 326-2162
Location
- CountyOrParish: Sumner
- Directions: Heading West on HWY 160 W, continue to the roundabout and take the 1st exit onto A ST, property is located on the West side of street.