Blue Springs Duplex Package

Looking for the rare opportunity to purchase great real estate below market value? The Blue Springs six duplex package is what every investor dreams of. Nearly all capital expenses are completed, and only cosmetic renovations with corresponding rental increases remain. All units are either three or four bedrooms with attached garages and side-by-side laundry hookups. All utilities are paid by the tenants, so the new owner can run a very low expense ratio.

Conveniently situated near top-rated Blue Springs School District institutions like Blue Springs High School, key employers such as St. Mary’s Medical Center and Fike Corporation, and attractions including Burr Oak Woods Conservation Area, Lake Jacomo, and Fleming Park, this portfolio draws families and professionals with its suburban serenity and quick Kansas City commutes.

Why we love it: Large, private duplex units are always in demand with renters, most capital expenses completed so only cosmetics in the units are left, and package is selling well below recent comparable sales on individual units.

The Challenge: Units are currently below market rents.

The Value-add Play: Do light cosmetic refresh as units turn over to achieve market rents.