Barat Road Apartments

  • $550,000
Featured Sold
15415-15419 Barat Rd, Grandview, MO 64030
  • Apartment
  • Property Type
  • 8
  • Rooms
  • 4480
  • Sq Ft
  • 1964
  • Year Built
Featured Sold
15415-15419 Barat Rd, Grandview, MO 64030
  • $550,000

Overview

  • Apartment
  • Property Type
  • 8
  • Rooms
  • 4480
  • Sq Ft
  • 1964
  • Year Built

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 15415-15419 Barat Rd, Grandview, MO
  • City Grandview
  • State/county Missouri
  • Zip/Postal Code 64030
  • Country United States

Details

Updated on August 2, 2024 at 9:00 pm
  • Price: $550,000
  • Property Size: 4480 Sq Ft
  • Rooms: 8
  • Bathroom: Built In 1964
  • Garages: 8 Units
  • Year Built: 1964
  • Property Type: Apartment
  • Property Status: Sold

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Michelle Lutz
  • Michelle Lutz