Description
Exceptional investment opportunity in a highly visible location along the main thoroughfare through Kimball! This updated short-term/extended-stay property features 16 rental units, a newly remodeled office, and an additional 4-bedroom, 2-bath home, offering multiple potential income streams and flexibility for an owner-operator or investor. The unit mix includes four 1-bed units (Rooms 1, 2, 4 & 5) with bathtubs, mini refrigerators and microwaves; nine 1-bed kitchenette units (Rooms 7 & 9–16) with showers, mini refrigerators, microwaves and hot plates; and three 2-bed kitchenette units (Rooms 3, 6 & 8). Rooms 3 & 6 feature bathtubs, while Room 8 offers a walk-in shower. All rental units have been updated and are designed to accommodate a variety of short-term and extended-stay needs. The property also includes dedicated storage areas for housekeeping and cleaning supplies, along with two laundry rooms that provide the opportunity to add coin-operated machines for additional convenience and potential revenue. The on-site home offers 4 bedrooms and 2 bathrooms, with the basement bedrooms being non-egress, and could provide additional rental income, manager housing or owner accommodations. Excellent on-site parking, strong visibility and a convenient location make this a compelling opportunity for workforce housing, traveling professionals, extended-stay guests or traditional short-term lodging. With the infrastructure already in place and multiple avenues for income, this is a unique opportunity to acquire a versatile lodging property in Kimball.
- Price: $349,900
- Type: COMMERCIAL/INDUST
- Beds: N/A
- Baths: N/A
- Style: N/A
- Year: N/A
- MLS ID: 27428
Interior
- Above Grade: N/A
- Below Grade: N/A
- Main Floor: N/A
- Upper Floor: N/A
- Living Room: N/A
- Dining: N/A
- Kitchen: N/A
- Family: N/A
- Master Bedroom: N/A
- Bedroom 2: N/A
- Bedroom 3: N/A
- Bedroom 4: N/A
- Heat/Cool: N/A
- Fireplaces: N/A
- Basement: N/A
- Basement Type: N/A
- Features: N/A
Exterior
- Lot Size: 21250 sf
- Acres: N/A
- Roof: Asphalt
- Garage: N/A
- Garage Spaces: N/A
- Features: N/A
Other
- Construction:
- Brokered By: #1 PROPERTIES RANCH & RECREATION, LLC
- Utilities: Electric,Gas,City Water,City Sewer
- Tax Year: 0
- Taxes: $4711.86