Fully Leased Apartment
1705 E 24th Ave Hutchinson, KS 67502
1705 E 24th Ave, Hutchinson, KS, 67502
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For Sale
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10-unit apartment complex in a prime location.
Days on Market134
Property Features for 1705 E 24th Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1986
Listing agency
Berkshire Hathaway HomeServices PenFed Realty Wichita
Listed by
Shane Pullman · License #KS SP00241192
Source
Crexi
Added: Mar 10 Updated: Jul 6 at 1:23PM Checked: Jul 21 at 10:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices PenFed Realty Wichita
Investment Insights
Based on property information with market context.
This is a fully leased 10-unit apartment complex situated in a premier location, offering close proximity to the Hutchinson medical corridor. The well-maintained property has a strong, long-term rental history and consistent tenant demand, providing immediate cash flow. There is 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. The property is near major employers, has stable occupancy, and additional revenue streams.
Key Highlights
- Fully leased 10‑unit apartment complex providing immediate cash flow.
- Premier location near the Hutchinson medical corridor, ensuring consistent tenant demand.
- Six attached garage spaces with private exterior entrances, offering additional revenue potential.
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FAQs
What type of property is this?
Apartment building - 10-unit apartment complex in a prime location.
Where is this apartment building located?
The property is located at 1705 E 24th Ave Hutchinson, KS.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Fully leased 10‑unit apartment complex providing immediate cash flow.; Premier location near the Hutchinson medical corridor, ensuring consistent tenant demand.; Six attached garage spaces with private exterior entrances, offering additional revenue potential.