2511 2511Hutchinson, KS 67501

Property Details for 2511 2511

Year built

2008

Lot size

3.00 AC

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a well-established, profitable self-storage facility in Hutchinson, Kansas. The property encompasses 10 self-storage buildings totaling 53,400 rentable square feet (excluding the on-site U-Haul office), situated on three deeded acres plus a leased lot for U-Haul vehicle inventory. The facility boasts 327 enclosed storage units, providing ample capacity for diverse storage needs. Constructed in 2008, the buildings are in excellent condition, requiring no immediate capital expenditures. Security features include a fenced perimeter with remote lease-up/lockout and tenant entry systems, along with a DVR surveillance system. The property is conveniently served by city water and sewer utilities. Its zoning designation is General Business District (I3). Financial projections indicate a compelling 6.5% capitalization rate, making this a highly attractive investment for discerning buyers. The property's strong operational history, coupled with its prime location and robust security measures, ensures a stable and potentially high-growth investment. Further details are available upon execution of a confidentiality agreement.

Location Insight

City

Hutchinson

County

Reno

State

Kansas

Latitude

38.0713

Longitude

-97.8803

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