Barat Road Apartments
- $550,000
Description
Welcome to the Barat Road Apartments, an eight-unit property offering exclusively 1 bed/1 bath units, totaling 4,480 sq ft of comfortable living space. With off-street parking and convenient access to I-49, commuting anywhere in the metro is made easy. Currently fully occupied, this property offers low owner expenses and an average rent of $649, with market values nearing $725/month, promising excellent potential for increased returns. If you’re an investor seeking low-maintenance ownership, Barat Road Apartments offers the ideal combination of convenience, comfort, and value.
Why we love it: Low maintenance expenses for owner and off-street parking
The challenge: All units are currently leased through the middle of this year so no rents to raise yet!
The Value Add Play: A wonderful opportunity to eventually make cosmetic upgrades to achieve even higher returns.
Address
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Address: 15415-15419 Barat Rd, Grandview, MO
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City: Grandview
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State/county: Missouri
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Zip/Postal Code: 64030
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Country: United States
Details
Updated on March 13, 2025 at 9:07 pm-
Price $550,000
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Property Size 4480 Sq Ft
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Rooms 8
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Bathrooms Built In 1964
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Garages 8 Units
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Year Built 1964
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Property Type Apartments
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Property Status Sold