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Landmark Downtown Hutchinson MF Portfoli 2 biens | Immeuble residentiel | À vendre | 3 451 480 € | Hutchinson, KS
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 96-Unit Landmark Downtown Multifamily Portfolio Two historic, renovated assets anchoring Hutchinson’s Main Street corridor.
- Proven Value-Add Execution with Stabilized Occupancy Turned from ~58% occupancy to strong stabilized downtown performance.
- Diversified Income with Built-In Commercial Spaces 13 office, retail, and event suites providing multiple revenue streams.
- Limited Downtown Multifamily Supply + Strong Cash Flow Scarce renovated inventory in the CBD driving durable demand and NOI.
Résumé analytique
Plaza Towers and Leon Place comprise a landmark downtown multifamily and mixed-use portfolio located along East 2nd Avenue in the heart of Hutchinson, Kansas. Together, the two historic properties total 96 multifamily units supported by 13 commercial spaces including office, retail, and event use, creating diversified income streams within Hutchinson’s revitalized Main Street corridor.
Originally developed as prominent early-20th-century hotels, both buildings have been thoughtfully repositioned through value-add renovations while preserving their architectural character and historic appeal. Ownership has executed extensive interior upgrades, building system improvements, and commercial space enhancements, transforming the portfolio from distressed conditions into stabilized downtown housing.
Plaza Towers operates as a mixed-use high-rise featuring renovated apartments, secured access, leased retail and office tenants, on-site amenities, and popular event spaces. Leon Place provides affordable downtown living with updated interiors, restored common areas, and functional building infrastructure. The portfolio benefits from strong walkability, proximity to Hutchinson’s major cultural anchors, and limited competitive multifamily supply within the historic district.
Originally developed as prominent early-20th-century hotels, both buildings have been thoughtfully repositioned through value-add renovations while preserving their architectural character and historic appeal. Ownership has executed extensive interior upgrades, building system improvements, and commercial space enhancements, transforming the portfolio from distressed conditions into stabilized downtown housing.
Plaza Towers operates as a mixed-use high-rise featuring renovated apartments, secured access, leased retail and office tenants, on-site amenities, and popular event spaces. Leon Place provides affordable downtown living with updated interiors, restored common areas, and functional building infrastructure. The portfolio benefits from strong walkability, proximity to Hutchinson’s major cultural anchors, and limited competitive multifamily supply within the historic district.
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- Operating and Financials
Informations sur l’immeuble
| Prix | 3 451 480 € | Nb de biens | 2 |
| Prix/m² | 368,54 € / m² | Individuellement en vente | 0 |
| Type de vente | Investissement | Surface totale de l’immeuble | 9 365 m² |
| Statut | Actif | Surface totale du terrain | 0,23 ha |
| Prix | 3 451 480 € |
| Prix/m² | 368,54 € / m² |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 9 365 m² |
| Surface totale du terrain | 0,23 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Plaza Towers
17 E 2nd Ave, Hutchinson, KS 67501 |
Immeuble residentiel | 6 414 m² | 1954 | - |
|
Leon Place Apartments
14 E 2nd Ave, Hutchinson, KS 67501 |
Immeuble residentiel | 2 952 m² | 1930 | - |
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
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Présenté par
Midwest CRE Advisors, LLC
Landmark Downtown Hutchinson MF Portfoli
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