116 N 3rd St - Apartments FOR SALE


Burlington, KS 66839
$425,000 USD
620-228-1413
116 N 3rd St, Burlington, KS for Sale
$425,000 USD
Apartments - FOR SALE
1/69
null | 3.53% Cap Rate

116 N 3rd St
Burlington, KS 66839


OVERVIEW

Welcome to Hunters Lodge Suites C & D, an exceptional, fully operational turnkey investment opportunity in Burlington, KS. This premier short-term rental features two separate income-producing units with private entrances and is being offered completely furnished—including all furniture, decor, appliances, and operational essentials—allowing you to generate immediate income. The property consists of a spacious 3-bedroom, 1.5-bath suite and a separate 1-bedroom studio suite, offering the ultimate flexibility to rent both units simultaneously, live in one while leasing the other, or accommodate diverse guest needs. Completely renovated into a lodge-inspired retreat, this property has earned Airbnb's "Guest Favorite" designation and outstanding reviews. Located near John Redmond Reservoir, the property enjoys consistent year-round demand driven by trophy whitetail, turkey, and waterfowl hunting, as well as boating, camping, and premier catfish fishing. It is perfectly suited for outdoor enthusiast groups, family gatherings, and business travelers. An additional competitive advantage is its proximity to the Wolf Creek Generating Station. Scheduled refueling and maintenance outages bring hundreds of contractors to the area annually, creating strong demand for extended-stay lodging. Opportunities like this are rare. With two distinct units, multiple revenue streams, an established reputation, and a proven turnkey operation, this is one of Coffey County's most distinctive hospitality properties.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$122 USD /SF

# OF UNITS

2

PRICE/UNIT

$212,500

CAP RATE

3.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

Res

APN/PARCEL ID

137-26-0-20-16-001.00-0

ASK ABOUT THIS PROPERTY

Jennifer ChesterCrown RealtyMore Info
620-228-1413

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Jennifer ChesterCrown RealtyMore Info
620-228-1413

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.