22072 Vly Rd La Cygne, KS 66040-9205
- Garden apartment buildings
- 4,608 SF
- 8.89 lot acres
Current Use by Public Records
- The Valley Cabins / Cabin Rental Agency / Hotel
Property Details for 22072 Vly Rd
- Year built
- 2000
- Lot size
- 8.89 lot acres
- Property size
- 4,608 SF
- Zone code
- AR
- Property type
- Garden apartment buildings
- APN
- 019-31-0-00-00-013.02-0
- APU
- 193100000013020
Description
Exceptional 8.8-acre commercial land parcel in Linn Valley, Kansas, listed at $2,790,000. This property presents a unique investment opportunity with significant upside potential. Improvements include a completely remodeled rental unit complex (2022), a covered pavilion/picnic area, and high-speed internet access (1 Gb fiber). The property's strategic location adjacent to La Cygne Lake, a year-round fishing lake, ensures consistent demand. The lake hosts fishing tournaments and attracts seasonal workers from the nearby power plant. The area also sees significant seasonal activity from hunters (deer hunting season October-December) and tourists attending weddings, family reunions, etc. This is the only rental property of its kind in the area, catering to a diverse clientele. The property's proximity to the Marais Des Cygne Wildlife Area further enhances its appeal. The asking price includes a 10% cap rate and a 10% management fee, with offsite management in place. Expansion opportunities exist, including the potential to add RV spaces for additional revenue streams. This property offers a compelling combination of existing income and future development possibilities in a high-demand location. The property is located at 22072 Valley Rd, La Cygne, KS 66040.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Cygne
- County
- Linn
- State
- Kansas
- Longitude
- -94.6791
- Latitude
- 38.347
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
