712 Walnut St South Hutchinson, KS 67505-1006

This exceptional investment opportunity presents a well-maintained, income-producing self-storage facility located at 712 N Walnut, Hutchinson, Kansas. The property encompasses 1.3 deeded acres and features a total of 147 individual storage units spread across nine separate buildings. In addition to the storage units, the property includes a single-family home. The total rentable square footage is 27,690 square feet. Constructed in 2000, the buildings are in good condition and require no immediate capital expenditures. The property boasts a state-of-the-art surveillance system with cloud-based storage, ensuring optimal security. City water and sewer services are readily available. The property is conveniently zoned General Business District (I3), allowing for a variety of potential uses. Financial projections indicate a compelling 7% capitalization rate, making this a highly attractive investment for discerning buyers. The property is offered at $1,700,000. Further details are available upon request.