Mock Ave Apartments

  • $695,000
Featured Pending
805 NW Mock Ave, Blue Springs, MO 64015
  • Apartments
  • Property Type
  • 6
  • Rooms
  • 3,136
  • Sq Ft
  • 1990
  • Year Built
Featured Pending
805 NW Mock Ave, Blue Springs, MO 64015
  • $695,000

Overview

  • Apartments
  • Property Type
  • 6
  • Rooms
  • 3,136
  • Sq Ft
  • 1990
  • Year Built

Description

Rental property investing at its finest. Strong tenant demand for these spacious renovated units with central heat and air. Six spacious units with premium vinyl flooring, large kitchen featuring a dishwasher and disposal, and stainless-steel appliance package. All six units have been renovated with a luxury finish in the last five years. Two upper units have impressive, vaulted ceilings.

With 1985 construction on site laundry, and rear parking these are the perfect rental property for new and seasoned investors alike. Located in the highly-rated Blue Springs school district. Don’t miss the chance to invest in this high-demand location with built-in value and substantial growth potential.

The Value Add Play: Get rents up to market. Consider in-unit laundry as a feature to bring in more income. New owner could substantially increase cash flow with furnished medium term nurse rentals.

Why We Love It: 1980s construction, no capital expenses for years to come except to renovate the final unit, if desired, for higher rent.

Challenges: Current property management has been under-renting renovated units, it will take 9-12 months to be at full income potential for this property.

  • Address 805 NW Mock Ave, Blue Springs, MO
  • City Blue Springs
  • State/county Missouri
  • Zip/Postal Code 64015
  • Country United States

Details

Updated on June 18, 2024 at 3:49 pm
  • Price: $695,000
  • Property Size: 3,136 Sq Ft
  • Rooms: 6
  • Bathroom: Built In 1990
  • Garages: 6 Units
  • Year Built: 1990
  • Property Type: Apartments
  • Property Status: Pending

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