1509 Linn St Valley Falls, KS 66088

Listing details for 1509 Linn St, Valley Falls, KS 66088 : Once in a lifetime Turnkey Investment Opportunity!!!! Discover your oasis in Valley Falls, Kansas! Immerse yourself in the charm of our luxurious multifamily apartment complex, boasting 19 stunning units across 2 buildings on a lush 4+ acre property. All units are currently rented with streaming income. Experience the convenience of ample parking, a vibrant community garden, and two tranquil ponds. With easy access to Lawrence and Topeka, you'll enjoy the best of both worlds. Choose from a range of studios to three-bedroom units, with a gym and laundry facilities for your utmost comfort. Welcome home to secure entrances and breathtakingly landscaped surroundings, where elegance meets convenience. Live the life you deserve at our beautifully appointed retreat! This investment opportunity holds great potential as it offers flexibility to function as apartments while also satisfying state and local coding requirements for assisted living facilities. This dual-purpose nature provides a unique advantage in the real estate market. The ability to switch between the two uses also offers flexibility in adapting to changing market conditions. If there is a surge in demand for assisted living services, the property can easily transition to solely operate as an assisted living facility. Alternatively, if the market favors apartments, it can be converted back to cater exclusively to residential renters. Ultimately, with the flexibility to cater to two different markets and the ability to adapt to changing conditions, this investment opportunity combining apartments and assisted living facilities presents a compelling option for maximizing returns while meeting the needs of the local community.