103 E 7th Ave - Apartments FOR SALE
South Hutchinson, KS 67505 |
$2,950,000 USD
316-636-2323
103 E 7th Ave
South Hutchinson, KS 67505
OVERVIEW
Strong occupancy with 97.2% occupied
Value add opportunity with cosmetic upgrades to increase rental rates
Vinyl siding, roof, windows all have been replaced
Pool decking repoured, new equipment, new concrete base and new vinyl liner Fall 2025
Value add for club house renovation to create new amenities or additional 2 bedroom unit
FOR SALE DETAILS
PRICE
$2,950,000 USD
PRICE/SF
$109 USD /SF
# OF UNITS
36
PRICE/UNIT
$81,944
CAP RATE
5.8%
% LEASED
97%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Riverside Village
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1967
PARKING SPACES
60
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
-
APN/PARCEL ID
126-24-0-20-21-002.00
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316-636-2323
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316-636-2323
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