Welcome to the Coventry Townhomes where residents enjoy large three bedroom, two and a half baths units. Additionally each unit has a one car garage, bonus space on the garage level, and additional covered parking. The units are updated with recent paint, large tile bathrooms, LVP flooring, and ample kitchen cabinets providing both plenty of starage and plenty of counter space. Each unit has side-by side washer dryer hookups and central heat and air.
The townhomes are located within three well-kept sixplex buildings, with recent exterior paint, sidewalk replacement, and roofs. The HOA takes care of trash, yard maintenance, and the parking lots for a very reasonable monthly fee.
These townhomes appeal to those residents wanting to live in the top-rated Blue Springs school district. The location could not be better with both easy freeway access and walkable to the Independence Crossroad Shopping center featuring a Walmart Supercenter, Sam’s Club, and PetSmart. Easy access to restaurants, shopping, and the Cable Dahmer Arena, home to the Kansas City Mavericks Hockey Team and the site of many concerts and Events.
The value-add play: Install in-unit laundry in the remaining unit. Consider doing short or medium-term rentals to increase cash flow.
Why we love it: Strong renter demand with 100% occupancy. On site parking, in-unit laundry, and ample space with three bedrooms and 2.5 bathrooms.
The challenge: All unit renovations have already been completed, allowing stress-free ownership but not providing a huge value add opportunity to the buyer. Best suited to investors seeking stable cash flow from day one!