4709 Hydraulic Ave Park City, KS 67219
- Self storage facilities
Current Use by Public Records
- Self storage facilities
Property Details for 4709 Hydraulic Ave
- Property type
- Self storage facilities
Description
This premier self-storage investment opportunity in Park City, Kansas, presents a compelling case for investors seeking strong returns and significant upside potential. Located just 10 miles north of downtown Wichita, this highly visible property enjoys exceptional access to Interstates 135 and 235. The 13.3-acre site, encompassing two parcels, includes 1.1 acres of readily developable frontage. Currently boasting a 93% occupancy rate, even with premium pricing, the facility comprises 450 units totaling 101,141 square feet of conventional storage and 47,490 square feet dedicated to boat and RV storage. The property also includes a leased office building generating stable income until March 2025, offering future redevelopment or repurposing options. An on-site leasing office and apartment provide convenient management and potential on-site residential options. Further enhancing operational efficiency is a new INSOMNIAC 220 kiosk, enabling 24/7 secure rentals and payments. The combination of high occupancy, strategic location, expansion potential, diverse income streams, and modern amenities makes this a truly exceptional investment prospect. U-Haul truck rentals are also available on-site. Offers are due Tuesday, October 15, 2024.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Park City
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3174
- Latitude
- 37.7696
