Is Sharon Springs, Kansas Good for Airbnb Investment?

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Sharon Springs, Kansas Airbnb Investment Overview

Is Airbnb a Good Investment in Sharon Springs, Kansas?

Investing in Airbnb properties in Sharon Springs, Kansas, presents a unique and potentially challenging opportunity given its rural setting. Current market conditions indicate a limited demand for short-term rentals compared to major tourist destinations. Tourism trends are likely driven by local events, seasonal hunting, or travelers passing through, rather than sustained, high-volume tourism. Property values in Sharon Springs are generally lower than in urban areas, which can mean a more accessible entry point for investment but also limits potential for significant capital appreciation. Investment potential would depend heavily on identifying niche markets or unique attractions to draw visitors, as general tourism is not a strong driver. Without consistent demand, achieving high occupancy rates and substantial returns may be difficult, making it a higher-risk investment compared to more established short-term rental markets.

How Much Does an Average Airbnb Earn in Sharon Springs?

Based on available market data and regional analysis, Airbnb properties in Sharon Springs, Kansas typically generate monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200-$1,600 per month during peak periods. Seasonal variations show stronger performance during summer months (June through August) when revenues can increase by 25-40% due to tourism and outdoor activities, while winter months typically see a 20-30% decrease in bookings and rates. Properties with unique features like rural charm, proximity to local attractions, or enhanced amenities tend to command premium rates of $85-120 per night compared to basic listings at $45-75 per night. Key factors affecting earnings include property size and condition, professional photography quality, responsive host communication, competitive pricing strategies, and proximity to regional attractions or events. The limited supply of short-term rentals in this rural Kansas community can work in favor of hosts, though demand fluctuates significantly based on agricultural seasons, hunting periods, and regional tourism patterns. Occupancy rates typically range from 35-55% annually, with successful properties achieving higher occupancy through strategic marketing and maintaining consistently high guest ratings above 4.7 stars.

Airbnb Return on Investment in Sharon Springs

Airbnb investments in Sharon Springs, Kansas typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years due to the town's small population of approximately 800 residents and limited tourist infrastructure. The average nightly rate for short-term rentals in this rural western Kansas community ranges from $75-120, with occupancy rates averaging 35-45% annually, primarily driven by hunters, business travelers, and visitors to nearby attractions like the Sharon Springs Salt Marsh. Properties suitable for Airbnb investment typically cost between $40,000-80,000, requiring initial renovation investments of $10,000-25,000 to meet rental standards. Long-term rental properties in Sharon Springs generally provide more stable returns of 6-9% ROI with 95% occupancy rates and monthly rents between $400-700, making traditional rentals often more reliable than short-term rentals in this small market. The seasonal nature of demand, limited local amenities, and competition from nearby larger towns like Goodland create challenges for consistent Airbnb performance, though properties near hunting areas or with unique rural appeal can achieve the higher end of the ROI range during peak seasons.

Average Airbnb Occupancy Rate in Sharon Springs

Sharon Springs, Kansas, a small rural community with approximately 750 residents, experiences Airbnb occupancy rates averaging around 35-45% annually, significantly lower than Kansas state averages of 55-60% and national averages of 63-65%. Peak season occurs during late spring through early fall (May-September) when occupancy can reach 55-65%, driven by hunting seasons, agricultural tourism, and travelers exploring western Kansas attractions, while winter months (December-February) see occupancy drop to 20-30% due to harsh weather and limited tourist activities. The town's limited inventory of short-term rentals, typically 8-12 active properties, benefits from reduced competition but suffers from its remote location along Highway 27, with most guests being hunters, business travelers, or visitors to nearby attractions like the Sharon Springs area's natural springs and historic sites. Shoulder seasons (March-April, October-November) maintain moderate occupancy around 40-50%, with the area's agricultural calendar and hunting seasons providing some stability, though overall performance remains constrained by the community's small size and limited tourism infrastructure compared to more developed Kansas destinations.

Best Neighborhoods for Airbnb in Sharon Springs

Sharon Springs, Kansas offers limited but focused Airbnb investment opportunities primarily concentrated around the downtown historic district near Highway 27 and Main Street, which provides proximity to the Sharon Springs Historic District and local dining establishments while maintaining affordable property acquisition costs and attracting visitors interested in small-town Kansas experiences. The residential area surrounding the Sharon Springs Country Club appeals to investors due to its quiet suburban feel and proximity to recreational amenities, offering potential for higher nightly rates from guests seeking peaceful retreats. The neighborhoods near the Sharon Springs Community Building and city park area present opportunities for family-oriented rentals with easy access to local events and recreational facilities, while maintaining lower operational costs due to the area's affordable utility rates. Properties along the tree-lined streets near the elementary school district offer stable investment potential with proximity to community amenities and the town's main commercial corridor. The western residential area near the grain elevators, while less scenic, provides the most affordable entry point for investors and attracts agricultural business travelers and hunting enthusiasts during peak seasons. The neighborhoods surrounding the medical clinic and senior center area offer consistent demand from visiting family members and healthcare-related travelers, though pricing power remains modest due to the town's overall economic demographics.

Short-term Rental Regulations in Sharon Springs

Short-term rental regulations in Sharon Springs, Kansas are primarily governed at the county level through Wallace County, as the small city of approximately 800 residents has limited municipal ordinances specifically addressing vacation rentals. Property owners typically need to obtain a general business license from Wallace County and must comply with state tax registration requirements through the Kansas Department of Revenue for collecting and remitting transient guest taxes of approximately 6-8%. Occupancy limits generally follow standard residential building codes allowing 2 persons per bedroom plus 2 additional guests, with maximum occupancy rarely exceeding 10-12 people depending on property size. Owner-occupancy requirements are minimal, with most properties allowed to operate as non-owner-occupied rentals provided they meet safety and zoning standards. Zoning restrictions typically permit short-term rentals in residential areas as an accessory use, though commercial zoning may be required for properties operating more than 180 days annually. The registration process involves submitting applications to Wallace County along with proof of insurance, safety inspections for smoke and carbon monoxide detectors, and septic system compliance for rural properties. Recent regulatory changes since 2022 have included stricter enforcement of existing health department regulations and increased coordination with state tax authorities, though the rural nature of Sharon Springs means regulations remain relatively permissive compared to larger Kansas municipalities.

Short-term Rental Fees and Taxes in Sharon Springs

Short-term rentals in Sharon Springs, Kansas are subject to several fees and taxes including Kansas state sales tax of 6.5% plus local sales tax which typically ranges from 1-3% for a combined rate of approximately 7.5-9.5% on rental income. The state transient guest tax is 6% on lodging accommodations, while Wallace County may impose an additional local lodging tax of 1-2%. Registration and licensing fees through the city of Sharon Springs typically cost between $50-150 annually, with initial business license applications ranging from $25-75. Property owners must also obtain a Kansas sales tax permit which costs approximately $20, and may need to pay annual renewal fees of $15-25. Additional costs may include fire safety inspections at $50-100 per visit, health department permits ranging from $30-60 annually, and potential zoning compliance fees of $25-50. Some properties may require special use permits costing $100-300 depending on the specific location and zoning requirements within Sharon Springs city limits.

Is Airbnb a Good Investment in Sharon Springs, Kansas?

Investing in Airbnb properties in Sharon Springs, Kansas, presents a unique and potentially challenging opportunity given its rural setting. Current market conditions indicate a limited demand for short-term rentals compared to major tourist destinations. Tourism trends are likely driven by local events, seasonal hunting, or travelers passing through, rather than sustained, high-volume tourism. Property values in Sharon Springs are generally lower than in urban areas, which can mean a more accessible entry point for investment but also limits potential for significant capital appreciation. Investment potential would depend heavily on identifying niche markets or unique attractions to draw visitors, as general tourism is not a strong driver. Without consistent demand, achieving high occupancy rates and substantial returns may be difficult, making it a higher-risk investment compared to more established short-term rental markets.

How Much Does an Average Airbnb Earn in Sharon Springs?

Based on available market data and regional analysis, Airbnb properties in Sharon Springs, Kansas typically generate monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200-$1,600 per month during peak periods. Seasonal variations show stronger performance during summer months (June through August) when revenues can increase by 25-40% due to tourism and outdoor activities, while winter months typically see a 20-30% decrease in bookings and rates. Properties with unique features like rural charm, proximity to local attractions, or enhanced amenities tend to command premium rates of $85-120 per night compared to basic listings at $45-75 per night. Key factors affecting earnings include property size and condition, professional photography quality, responsive host communication, competitive pricing strategies, and proximity to regional attractions or events. The limited supply of short-term rentals in this rural Kansas community can work in favor of hosts, though demand fluctuates significantly based on agricultural seasons, hunting periods, and regional tourism patterns. Occupancy rates typically range from 35-55% annually, with successful properties achieving higher occupancy through strategic marketing and maintaining consistently high guest ratings above 4.7 stars.

Airbnb Return on Investment in Sharon Springs

Airbnb investments in Sharon Springs, Kansas typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years due to the town's small population of approximately 800 residents and limited tourist infrastructure. The average nightly rate for short-term rentals in this rural western Kansas community ranges from $75-120, with occupancy rates averaging 35-45% annually, primarily driven by hunters, business travelers, and visitors to nearby attractions like the Sharon Springs Salt Marsh. Properties suitable for Airbnb investment typically cost between $40,000-80,000, requiring initial renovation investments of $10,000-25,000 to meet rental standards. Long-term rental properties in Sharon Springs generally provide more stable returns of 6-9% ROI with 95% occupancy rates and monthly rents between $400-700, making traditional rentals often more reliable than short-term rentals in this small market. The seasonal nature of demand, limited local amenities, and competition from nearby larger towns like Goodland create challenges for consistent Airbnb performance, though properties near hunting areas or with unique rural appeal can achieve the higher end of the ROI range during peak seasons.

Average Airbnb Occupancy Rate in Sharon Springs

Sharon Springs, Kansas, a small rural community with approximately 750 residents, experiences Airbnb occupancy rates averaging around 35-45% annually, significantly lower than Kansas state averages of 55-60% and national averages of 63-65%. Peak season occurs during late spring through early fall (May-September) when occupancy can reach 55-65%, driven by hunting seasons, agricultural tourism, and travelers exploring western Kansas attractions, while winter months (December-February) see occupancy drop to 20-30% due to harsh weather and limited tourist activities. The town's limited inventory of short-term rentals, typically 8-12 active properties, benefits from reduced competition but suffers from its remote location along Highway 27, with most guests being hunters, business travelers, or visitors to nearby attractions like the Sharon Springs area's natural springs and historic sites. Shoulder seasons (March-April, October-November) maintain moderate occupancy around 40-50%, with the area's agricultural calendar and hunting seasons providing some stability, though overall performance remains constrained by the community's small size and limited tourism infrastructure compared to more developed Kansas destinations.

Best Neighborhoods for Airbnb in Sharon Springs

Sharon Springs, Kansas offers limited but focused Airbnb investment opportunities primarily concentrated around the downtown historic district near Highway 27 and Main Street, which provides proximity to the Sharon Springs Historic District and local dining establishments while maintaining affordable property acquisition costs and attracting visitors interested in small-town Kansas experiences. The residential area surrounding the Sharon Springs Country Club appeals to investors due to its quiet suburban feel and proximity to recreational amenities, offering potential for higher nightly rates from guests seeking peaceful retreats. The neighborhoods near the Sharon Springs Community Building and city park area present opportunities for family-oriented rentals with easy access to local events and recreational facilities, while maintaining lower operational costs due to the area's affordable utility rates. Properties along the tree-lined streets near the elementary school district offer stable investment potential with proximity to community amenities and the town's main commercial corridor. The western residential area near the grain elevators, while less scenic, provides the most affordable entry point for investors and attracts agricultural business travelers and hunting enthusiasts during peak seasons. The neighborhoods surrounding the medical clinic and senior center area offer consistent demand from visiting family members and healthcare-related travelers, though pricing power remains modest due to the town's overall economic demographics.

Short-term Rental Regulations in Sharon Springs

Short-term rental regulations in Sharon Springs, Kansas are primarily governed at the county level through Wallace County, as the small city of approximately 800 residents has limited municipal ordinances specifically addressing vacation rentals. Property owners typically need to obtain a general business license from Wallace County and must comply with state tax registration requirements through the Kansas Department of Revenue for collecting and remitting transient guest taxes of approximately 6-8%. Occupancy limits generally follow standard residential building codes allowing 2 persons per bedroom plus 2 additional guests, with maximum occupancy rarely exceeding 10-12 people depending on property size. Owner-occupancy requirements are minimal, with most properties allowed to operate as non-owner-occupied rentals provided they meet safety and zoning standards. Zoning restrictions typically permit short-term rentals in residential areas as an accessory use, though commercial zoning may be required for properties operating more than 180 days annually. The registration process involves submitting applications to Wallace County along with proof of insurance, safety inspections for smoke and carbon monoxide detectors, and septic system compliance for rural properties. Recent regulatory changes since 2022 have included stricter enforcement of existing health department regulations and increased coordination with state tax authorities, though the rural nature of Sharon Springs means regulations remain relatively permissive compared to larger Kansas municipalities.

Short-term Rental Fees and Taxes in Sharon Springs

Short-term rentals in Sharon Springs, Kansas are subject to several fees and taxes including Kansas state sales tax of 6.5% plus local sales tax which typically ranges from 1-3% for a combined rate of approximately 7.5-9.5% on rental income. The state transient guest tax is 6% on lodging accommodations, while Wallace County may impose an additional local lodging tax of 1-2%. Registration and licensing fees through the city of Sharon Springs typically cost between $50-150 annually, with initial business license applications ranging from $25-75. Property owners must also obtain a Kansas sales tax permit which costs approximately $20, and may need to pay annual renewal fees of $15-25. Additional costs may include fire safety inspections at $50-100 per visit, health department permits ranging from $30-60 annually, and potential zoning compliance fees of $25-50. Some properties may require special use permits costing $100-300 depending on the specific location and zoning requirements within Sharon Springs city limits.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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How to start an Airbnb in Sharon Springs, Kansas?

To start an Airbnb in Sharon Springs, Kansas, begin by researching local regulations through the Sharon Springs City Hall and Wallace County offices, as Kansas generally allows short-term rentals but municipalities may have specific zoning requirements or business license needs. Contact the city clerk at (785) 852-4664 to verify if any permits or business licenses are required, and check with Wallace County for any county-level regulations. Find a suitable property by searching local real estate listings through companies like Midwest Land Group or consulting with Sharon Springs Realty, focusing on properties near attractions like the Sharon Springs Salt Marsh or historic downtown area, with typical property prices ranging from $30,000-$80,000 for older homes. Obtain necessary permits which may include a business license from the city (estimated $25-$100 annually) and ensure compliance with Kansas Department of Health and Environment regulations for lodging facilities. Furnish the property with essential amenities including comfortable bedding, kitchen supplies, WiFi, and local guidebooks highlighting nearby attractions like Wallace County Museum, with an estimated initial investment of $3,000-$8,000 for a 2-bedroom property. List your property on Airbnb, VRBO, and Booking.com with competitive pricing around $60-$120 per night based on local market rates, emphasizing unique features like proximity to natural salt springs or hunting opportunities. Manage the property by establishing cleaning protocols between guests, maintaining responsive communication, and potentially partnering with local cleaning services in nearby Goodland or Colby since Sharon Springs has limited service providers, while building relationships with local businesses for guest recommendations and ensuring compliance with Kansas sales tax requirements of 6.5% plus any local taxes.

What's the best way to identify good STR properties in Sharon Springs, Kansas?

To identify profitable short-term rental properties in Sharon Springs, Kansas, focus on properties within walking distance of the town's historic mineral springs and spa facilities, as these attract health and wellness tourists year-round. Target 2-3 bedroom homes or historic properties built in the early 1900s that can accommodate 4-6 guests, with features like original hardwood floors, updated kitchens, reliable Wi-Fi, and outdoor spaces for relaxation. Analyze pricing by researching comparable Airbnb listings within a 20-mile radius, noting that properties typically rent for $80-150 per night depending on size and amenities, with higher rates during summer months and spa event weekends. Competition research should include monitoring existing STRs on Airbnb, VRBO, and Booking.com, particularly those near the Sharon Springs Health Resort and downtown area, while identifying gaps in luxury or pet-friendly accommodations. Utilize AirDNA for market data specific to Wallace County, check the Sharon Springs Chamber of Commerce website for event calendars that drive demand, monitor the health resort's booking patterns, and use tools like Mashvisor for investment analysis while consulting local real estate agents familiar with the area's seasonal tourism patterns and property values ranging from $30,000-80,000 for suitable investment properties.

How to get an Airbnb permit in Sharon Springs, Kansas?

To obtain an Airbnb/STR permit in Sharon Springs, Kansas, contact the Sharon Springs City Hall at 785-852-4664 or visit their office at 115 W 2nd Street to inquire about short-term rental licensing requirements, as this small rural community may not have formal STR regulations but typically requires a general business license. Submit an application for a business license along with a completed city business license form, proof of property ownership or lease agreement, certificate of insurance with general liability coverage of at least $1 million, floor plan of the rental property, and contact information for a local property manager if you're not residing in Sharon Springs. The application fee is estimated at $50-100 annually, with potential additional inspection fees of $25-50. Provide documentation showing compliance with Kansas fire safety codes, smoke and carbon monoxide detectors in all sleeping areas, and ensure the property meets residential building codes. The approval timeline is typically 2-4 weeks after submitting complete documentation, though Sharon Springs may process applications faster due to its small size. You must also register with the Kansas Department of Revenue for sales tax collection on rental income and may need to comply with Wallace County health department regulations if applicable, while maintaining current homeowner's insurance that covers short-term rentals and displaying your business license number in all rental advertisements.

Is it legal to operate a short-term rental in Sharon Springs, Kansas?

Short-term rentals (STRs) in Sharon Springs, Kansas are generally legal as the small rural community of approximately 800 residents has not enacted specific municipal ordinances prohibiting or heavily regulating vacation rentals. As of 2024, Sharon Springs operates under Kansas state law, which does not prohibit STRs, and the city has not implemented zoning restrictions, registration requirements, or occupancy limits that would significantly restrict short-term rental operations. The town, located in Wallace County in western Kansas, has a limited tourism infrastructure and housing stock, which means STR activity is minimal compared to larger Kansas cities like Lawrence or Manhattan that have implemented more comprehensive regulations. Property owners in Sharon Springs can typically operate STRs in residential areas without special permits, though they must comply with general property maintenance codes and state tax collection requirements including transient guest taxes where applicable.

What are the best places to invest in Airbnb in Sharon Springs, Kansas?

Sharon Springs, Kansas offers limited but focused Airbnb investment opportunities primarily centered around the downtown historic district near Main Street and the areas surrounding the Sharon Springs Country Club. The downtown area attracts visitors interested in the town's Wild West history, antique shopping, and small-town charm, particularly during summer months when tourism peaks. Properties near the country club benefit from golf tourism and regional tournaments that bring overnight guests. The residential areas along Highway 27 and near Sharon Springs High School can capture business travelers visiting local agricultural operations, oil and gas workers, and families attending school events or sports tournaments. While Sharon Springs has a small population of approximately 800 residents, its location along major transportation routes makes it a potential stopover for travelers, and the limited lodging options in the area create opportunities for well-positioned Airbnb properties to serve visitors to nearby attractions and business travelers in the agricultural and energy sectors.

Airbnb and lodging taxes in Sharon Springs, Kansas

Sharon Springs, Kansas imposes a transient guest tax of 6% on short-term rental accommodations including Airbnbs, which applies to stays of less than 30 consecutive days. This tax is collected directly from guests at the time of booking or check-in by the property owner or host, who must register with the Wallace County Clerk's office and obtain a transient guest tax permit. Remittance is required monthly by the 20th of the following month using forms provided by the county, with payments submitted to the Wallace County Treasurer's office along with detailed occupancy reports. The tax applies to the total rental amount including cleaning fees but excludes security deposits that are refundable. Exemptions include stays of 30 days or longer, government employees on official business, and certain nonprofit organization bookings with proper documentation. Additionally, Kansas state sales tax of 6.5% applies to short-term rentals, which hosts must collect and remit quarterly to the Kansas Department of Revenue through their online system, bringing the total tax burden to approximately 12.5% for most Airbnb stays in Sharon Springs.

Total cost to purchase, furnish and operate an Airbnb in Sharon Springs, Kansas

To start an Airbnb in Sharon Springs, Kansas, the total estimated costs would be approximately $95,000-$115,000. Property purchase represents the largest expense at $65,000-$80,000 based on median home prices in rural Kansas communities. Furnishing costs including beds, linens, kitchen essentials, and basic furniture would run $8,000-$12,000 for a 2-3 bedroom property. Initial setup costs for professional photography, listing creation, and basic renovations total $2,000-$4,000. Permits and fees including business license, short-term rental permits, and tax registrations cost approximately $500-$1,000. Insurance including liability and property coverage specifically for short-term rentals adds $1,200-$2,000 annually. Utility setup and deposits for electricity, water, gas, internet, and cable services require $800-$1,500. First six months of operating costs including utilities ($600/month), cleaning supplies ($100/month), maintenance reserves ($200/month), and marketing expenses ($150/month) total approximately $6,300. Additional considerations include potential HOA fees, property management software subscriptions at $20-$50 monthly, and a cash reserve of $5,000-$10,000 for unexpected repairs and vacancy periods during the initial launch phase.

Are Airbnb properties in Sharon Springs, Kansas profitable?

Airbnb properties in Sharon Springs, Kansas show modest profitability potential with average nightly rates ranging from $65-85 for typical 2-3 bedroom homes, generating approximately $15,000-25,000 in annual revenue based on 40-50% occupancy rates common in rural Kansas markets. Operating expenses typically consume 60-70% of gross revenue, including property management fees (15-20%), cleaning costs ($30-40 per turnover), utilities ($150-200 monthly), insurance ($1,200-1,500 annually), and maintenance reserves (8-10% of revenue), resulting in net profit margins of 15-25% for well-managed properties. Success factors in this small Wallace County community include proximity to the Sharon Springs area attractions, competitive pricing against the limited hotel options, strong property presentation with rural/western themes, and efficient cost management given the seasonal nature of tourism. Properties within walking distance of downtown Sharon Springs or featuring unique amenities like hot tubs or fire pits tend to achieve higher occupancy rates around 55-65%, while standard residential properties may struggle with 30-40% occupancy, making location and differentiation critical for achieving the higher end of the $3,000-6,000 annual net profit range typical for this market.

What is the expected return on investment for an Airbnb in Sharon Springs, Kansas?

Based on Sharon Springs, Kansas market conditions, Airbnb investments typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% depending on property acquisition costs and renovation investments. Properties in Sharon Springs, located near the historic spa town attractions, can expect initial profitability within 18-24 months, with average nightly rates of $75-$120 during peak seasons when visitors come for the salt marsh and historic sites. The limited competition in this rural Kansas market of approximately 800 residents creates opportunities for consistent 45-60% occupancy rates, particularly during spring and summer months, though winter occupancy typically drops to 25-35%. Initial investment requirements of $80,000-$150,000 for suitable properties, combined with $15,000-$25,000 in furnishing and marketing costs, can yield net annual returns of $8,000-$15,000 after expenses including property management, utilities, and maintenance, making the investment viable for those targeting rural tourism markets in Kansas.

What company can help me find and buy a profitable Airbnb in Sharon Springs, Kansas?

STRSearch is a leading national platform that helps investors identify profitable short-term rental properties in Sharon Springs, Kansas, by analyzing market data and rental potential. Local real estate agents in the area include Coldwell Banker Schmidt Realtors and United Country Real Estate, which serve the western Kansas region and have experience with investment properties. National services like Awning, RedAwning, and AirDNA provide market analysis and property management solutions for Airbnb investments in smaller Kansas markets. BiggerPockets marketplace and Roofstock occasionally feature Kansas investment properties, while local property management companies such as Sunflower State Property Management and Great Plains Property Services can assist with ongoing rental operations. Real estate investment firms like HomeVestors and We Buy Ugly Houses sometimes operate in rural Kansas markets, and platforms like Mashvisor and RentSpree offer analytical tools for evaluating short-term rental potential in emerging markets like Sharon Springs.

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