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29999649
29999650

3 Locations

JH
MO 2011012354
Haith & Company Realtors
Haith & Company Realtors
Listed by Haith & Company Realtors
$3,050,000
96 days on market
Updated 92 days ago

Topeka Bed & Breakfast Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Units 3
Beds 14
Buildings 3
Acreage 0.14 - 0.57
Investment Type Stabilized

Topeka B&B Portfolio | 3 Ready to Operate Historic Inns

Marketing description

Rare opportunity to acquire a portfolio of three fully operational, ready-to-operate bed and breakfast inns in Topeka, Kansas, offered at $3,050,000. All three properties are located on SW Fillmore Street and are associated with the iconic Woodward Estate, comprising 14 total guest bedrooms across 14,279 square feet of combined living space plus one additional land parcel.

The anchor property, the Chester B. Woodward House at 1272 SW Fillmore Street ($2,350,000), is a landmark 7-bedroom, 8-bathroom estate totaling 8,646 square feet on a 0.57-acre lot, inclusive of an additional 0.14-acre parcel to the north suitable for a chapel, tennis court, or other amenity development. The two companion properties — the Woodward Executive House at 1257 SW Fillmore Street (3 BR / 3 BA, 2,507 SF, 0.29-acre lot) and the Woodward Max Guest House at 1263 SW Fillmore Street (4 BR / 4 BA, 3,126 SF, 0.28-acre lot) — are each priced at $350,000 and operate as established B&B properties adjacent to the Woodward Estate.

The current operator will remain in place, and all furniture, fixtures, and equipment convey with the sale. Properties may be purchased as a portfolio or individually. The assemblage is located 1.0 mile from Washburn University, 0.9 miles from the Kansas State Capitol Building, and 1.3 miles from I-70.

Investment highlights

  • Total Asking Price: $3,050,000 (portfolio) | 1272 SW Fillmore at $2,350,000; 1257 and 1263 SW Fillmore at $350,000 each

  • Property Type: Bed & Breakfast / Hospitality / Inn

  • Total Guest Bedrooms: 14 BR across 3 properties + 1 additional land parcel

  • Combined Building SF: 14,279 SF (2,507 + 3,126 + 8,646)

  • Anchor Property (1272 SW Fillmore — Chester B. Woodward House): 7 BR / 8 BA | 8,646 SF | 0.57-acre lot | Additional 0.14-acre parcel included

  • 1257 SW Fillmore — Woodward Executive House: 3 BR / 3 BA | 2,507 SF | 0.29-acre lot

  • 1263 SW Fillmore — Woodward Max Guest House: 4 BR / 4 BA | 3,126 SF | 0.28-acre lot

  • FF&E: All furniture, fixtures & equipment included in sale

  • Operations: Current operator will stay in place — true turnkey investment

  • Sale Flexibility: Portfolio or individual property purchase available

  • Proximity: 1.0 mi to Washburn University | 0.9 mi to Kansas State Capitol | 1.3 mi to I-70

Listing Contacts

JH
MO 2011012354
Haith & Company Realtors
Haith & Company Realtors
Listed by Haith & Company Realtors

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