This remarkable investment offering includes 2 interconnected properties combined 46,540 sq. feet on 3.28 acres. The three-story apartment building of 28,000 square feet has 3 units available to rent out at $750/ month each. There is potential space for 12 additional units. Private parking lot 100 ftx X 100 ft. with space for 40 vehicles plus street parking. Attached former Nursing Home 18,540 sq. ft. sits on 2 acres just outside city limits. Layout of 36 rooms that can be reconfigured for community living or converted into 18 one-bedroom apartments. Commercial kitchen area for shared dining or catering options. Community showers/restrooms/laundry facilities. Flexible multiple uses: Affordable housing, senior living or a unique combination rental units and community-oriented spaces. Space for up to 30 additional units. There is any number of small businesses or storage facilities possible. Own and develop this large-scale opportunity to meet your potential investment plans!
The median home value in Neodesha, KS is $78,000. This is lower than the county median home value of $85,400. The national median home value is $338,100. The average price of homes sold in Neodesha, KS is $78,000. Approximately 52.38% of Neodesha homes are owned, compared to 23.98% rented, while 23.64% are vacant. Neodesha real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Neodesha real estate agent to arrange a tour today!
Neodesha, Kansas has a population of 2,275. Neodesha is more family-centric than the surrounding county with 34.63% of the households containing married families with children. The county average for households married with children is 27.94%.
The median household income in Neodesha, Kansas is $48,889. The median household income for the surrounding county is $52,514 compared to the national median of $69,021. The median age of people living in Neodesha is 35.5 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 22.9 degrees. The average rainfall is approximately 43.4 inches per year, with 12.3 inches of snow per year.