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Eric Locke

eric@listwithlocke.com +1(316) 640-9274

Listed by Jason Reed • McCurdy Real Estate & Auction, LLC

Est. payment | -/mo

8,315 SqFt

Save

Est. payment | -/mo

Save

8,315 SqFt

Open House

Mon Feb 02, 3:30pm - 5:30pm

Mon Feb 09, 3:30pm - 5:30pm

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,315 sqft

Subdivision None Listed On Tax Record

MLS Listing ID SCK666978

Style Garden

Total Fin. Sqft 8315

Year Built 1969

Annual Tax Amount $8,573

Tax Year 2025

Lot Dimensions 30960

Property Sub-Type Multi Family

Source sckansas

Property Description

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, February 3rd, 2026 at 2 PM (cst) | BIDDING CLOSING: Wednesday, February 11th, 2026 at 2:15 PM (cst). Bidding will remain open on this property until 90 seconds have passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Sierra Square Apartments – 14-Unit, 100% Occupied Multifamily Investment | Hutchinson, KS Sierra Square Apartments is a 100% occupied, well-managed 14-unit garden-style apartment community located on Sierra Parkway near E. 30th St. & S. Plum Street in Hutchinson, Kansas. This stabilized asset offers a desirable unit mix, strong management history, and thorough operational records, making it an ideal opportunity for both seasoned and first-time multifamily investors. The property consists of two levels in a garden-style configuration with a total gross building area of 8,315 SF and 7,310 SF of rentable area. A separate 740 SF clubhouse houses tenant laundry facilities and owner storage. The properties sit on a partially fenced 0.71± acre lot. Unit Mix (14 Total Units): 10 – 1 Bedroom / 1 Bath 4 – Efficiency / Studio (1 Bath) Property & Building Features: 100% occupancy Each unit has its own water heater Central heat & air Individually functional and efficient layouts Carpet and vinyl flooring throughout units Mini-blinds, walk-in closets, and coat closets Kitchen equipped with oven/range and refrigerator 1 BR units have dishwashers Shower/tub combo in each unit Community Amenities: On-site laundry facility (located in clubhouse) Paved parking lot w/1+ space per unit Budget-friendly studio and 1-bedroom units Intimate 14-unit community setting Management & Operations: Professionally managed by a leading property management company (No written contractual agreement past closing, but company has expressed interest in continuing management post sale.) Exceptionally detailed management records including: Rent rolls Security deposit rolls Unit-by-unit maintenance and service records On-site/nearby management available Monday–Friday 24/7 emergency maintenance on call All units have written leases Utilities & Billing: Water and trash invoiced monthly to residents based on usage $13/month Legal Liability Fee billed to tenants Electricity separately metered and paid directly by residents Pet Policy: Up to 2 pets per unit, maximum 10 lbs each $200 non-refundable pet fee (up to 2 pets) $300 fully refundable deposit per pet $25/month pet rent per pet Sierra Square Apartments offers a turn-key, stabilized investment with strong occupancy, professional management, and detailed operational documentation in a proven Hutchinson rental corridor. The monthly income at Sierra Square is currently $7,610 at 100% occupancy. Total gross annual income is currently $91,320. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller's agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer's premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $25,000.

Location

State KS

County Reno

Direction (Hutchinson) E. 30th Ave. & Plum - East on 30th, North on Sierra Pkwy

Rooms

Basement None

Interior

Heating Forced Air, Individual Unit

Cooling Electric

Flooring Carpet, Other

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Heat Source Forced Air, Individual Unit

Exterior

Garage Description 1 1/2 per Unit, Paved

Utilities Available Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 14

Building

Unit Features [{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_1\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_2\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_3\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_4\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_5\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_6\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_7\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_8\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_9\"},{\"UnitTypeActualRent\":550,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK666978Group_10\"}]

Architectural Style Garden

Structure Type Frame,Stone

Schools

Elementary Schools Morgan - Hutchinson

Middle Schools Hutchinson

High Schools Hutchinson

School District Hutchinson Public Schools (Usd 308)

Others

Security Features Central Laundry,Clubhouse,Fenced,Smoke Detector(s)

Financing None

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(316) 640-9274

eric@listwithlocke.com

149 S Andover Rd ste 800, Andover, Kansas, 67002, USA

3007 & 3009 Sierra Parkway Hutchinson, KS 67502