- For Sale $1,000,000
- Property Type Multi-Family
- Property Size 7,240 SF
- Units 10
- Lot Size 0.53 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1986
- Date Updated May 5, 2026
Description
Located in the premier Hutchinson medical cooridor with close proximity to major area employers and the premier schools within Hutchinson.Excellent opportunity to acquire a fully leased 10-unit apartment complex in a premier location with close proximity to the Hutchinson medical corridor. This well-maintained property offers immediate cash flow with a strong, long-term rental history and consistent tenant demand. Investors will appreciate the value-add potential, as cosmetic upgrades over time could support future rent increases and improved returns. A unique feature of the property is the six attached garage spaces with private exterior entrances, separate from the apartment units. With its prime location near major employers, stable occupancy, and additional revenue streams, this property presents a rare opportunity for both immediate income and long-term upside.
Highlights
- 100% leased with strong rental history & long term tenants
- Close proximity to Hutchinson Regional Medical Center and other major employers
- Major upgrades include new windows, siding, roof and multiple mechanical system updates
- Six covered garage spots for additional rental income
- Value add potential with cosmetic updates
False
Contacts
Shane Pullman
PenFed Realty
Location
Contact Listing Broker
Shane Pullman
PenFed Realty