Riverside Villages presents an outstanding multifamily investment opportunity in South Hutchinson, Kansas. This 36-unit property spans over 24,398 SF and sits on a substantial 38,850 SF lot, offering strong fundamentals for long-term value creation. Recently upgraded with modern amenities and building updates in 2019, the complex combines durability and functionality with enhanced appeal. With an impressive occupancy rate of approximately 90% and R-4 zoning, Riverside Villages is positioned for consistent income generation and future growth.
The property benefits from a prime location within South Hutchinson, a market seeing continued demand for quality rental housing. Proximity to major employers, retail centers, and transportation corridors strengthens its strategic positioning. Significant recent renovations, including updated vinyl siding and windows, new flat roofs, and remodeled interiors for added versatility in unit layouts, further amplify its operational competitiveness. Investors seeking a reliable cash-flowing asset with long-term upside will find Riverside Villages a compelling addition to their portfolio.