2511 2511 Hutchinson, KS 67501
- Commercial real estate
- 3.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2511 2511
- Year built
- 2008
- Lot size
- 3.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-established, profitable self-storage facility in Hutchinson, Kansas. The property encompasses 10 self-storage buildings totaling 53,400 rentable square feet (excluding the on-site U-Haul office), situated on three deeded acres plus a leased lot for U-Haul vehicle inventory. The facility boasts 327 enclosed storage units, providing ample capacity for diverse storage needs. Constructed in 2008, the buildings are in excellent condition, requiring no immediate capital expenditures. Security features include a fenced perimeter with remote lease-up/lockout and tenant entry systems, along with a DVR surveillance system. The property is conveniently served by city water and sewer utilities. Its zoning designation is General Business District (I3). Financial projections indicate a compelling 6.5% capitalization rate, making this a highly attractive investment for discerning buyers. The property's strong operational history, coupled with its prime location and robust security measures, ensures a stable and potentially high-growth investment. Further details are available upon execution of a confidentiality agreement.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hutchinson
- County
- Reno
- State
- Kansas
- Longitude
- -97.8803
- Latitude
- 38.0713
