Discover an exceptional investment opportunity in Lathrop, Missouri located just north of Kansas City and part of the growing Metro area. Lathrop is a thriving town with a portfolio of 10 units spread across 2 legal parcels. Comprising 3 duplexes and 1 fourplex, these well-maintained properties total 9,546 sq ft, and 100% 2 bedroom units. Constructed from 1997 onwards, all units feature in-unit washer/dryers with modern layouts and finishes. Each property offers attached garages, while the fourplex provides convenient on-site parking. Currently, 100% occupied with the opportunity to cash flow from day one. This portfolio is an ideal blend of stability and potential for growth!

The Value Add Play: Get all the units up to market rent as leases expire.

Why We Love It: 100% occupancy and great per door pricing for in-place income and property vintage. In-Unit Laundry and on site parking. Well below replacement cost.

Challenges: Smaller markets are harder to find reliable property management in. Current owner has a good PM in place who is doing a great job and wants to stay on with the new owner.

800-02 Wolf Dr, Lathrop, MO 64465 (Duplex)
804-06 Wolf Dr, Lathrop, MO 64465 (Duplex)
805-07 Wolf Dr, Lathrop, MO 64465 (Duplex)
904 Short St, Lathrop, MO 64465 (Fourplex)