alt
alt
alt
alt
alt
View All

For Sale

Eastgate #4

1701 E 24th Ave,
Hutchinson, KS 67502

Asset Snapshot

1986
Year Built
10 Units
Unit Count
0 SF
Average Unit Size
7,240 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

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.


Investment Highlights

  • 91% Leased
  • Major upgrades include new windows, siding, roof and multiple mechanical system updates
  • Close proximity to Hutchinson Regional Medical Center and other major employers
  • Value add potential with cosmetic updates
  • Six covered garage spots for additional rental income

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$1,000,000
Asking Price