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Property profile & analytics
OFF-MARKET
Motels

4725 Topeka Blvd Topeka, KS 66609-1145

2,448 SF 2.35 ac lot Built 1960
Individually Owned 20-yr Hold Free & Clear
Property ID
US33-0949214
Property summary
AI-generated overview

Sycamore Acres, located at 4725 SW Topeka Blvd in Topeka, Kansas, presents a unique investment opportunity. This established business combines a thriving 30-lot RV park with 12 income-generating apartments. The RV park boasts metered electric service billed directly to campers, ensuring efficient utility management. Public water and sewer connections simplify operations, while natural gas conveniently supplies the apartments and laundry room. Modern amenities include cable television, Wi-Fi access, and ample extra parking for residents and guests. The property features recently updated exteriors, including new siding and roofing on the apartments and manager's quarters, reflecting a commitment to ongoing maintenance and property value enhancement. This turnkey operation offers a blend of diverse income streams, providing a solid foundation for a strong return on investment. The property is priced at $500,000 and presents a compelling opportunity for an investor seeking a well-established and profitable commercial venture in a convenient Topeka location. The existing infrastructure and modern amenities minimize operational overhead, making this a low-maintenance, high-reward investment. The combination of RV park and apartment rentals provides a diversified income stream, mitigating risk and maximizing potential profits. This is an exceptional opportunity to acquire a turnkey business with significant upside potential.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1960
Total area 2,448 SF
Lot 2.35 ac (102,235 SF)
Zoning code I1
APN 147-25-0-10-01-007.00
UPID US33-0949214
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sycamore Acres RV Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Richard Rios · 20 yrs held
Richard Rios
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
I1 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is established to provide for a wide range of uses except specified uses which are obnoxious or offensive by reason of odor, dust, smoke, gas or noise

Zone name Light Industrial District
General category INDUSTRIAL
Zone area 3,245.11 ac
Source Realmo
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