Package of 11 Townhome Units

  • $1,778,500
Featured For Sale
Kansas City Metro Area
  • Townhomes
  • Property Type
  • 11
  • Rooms
  • 15,234
  • Sq Ft
  • 1963
  • Year Built

Overview

  • Townhomes
  • Property Type
  • 11
  • Rooms
  • 15,234
  • Sq Ft
  • 1963
  • Year Built

Description

Introducing an exceptional opportunity to own a package of 11 well-located and cash-flowing rental units in the Kansas City metro area, offering a lucrative investment opportunity with multiple exit strategies for the new owner. The package consists of 8 townhomes, one single family home, one condo, and one half-duplex. 100% occupied, almost all of the units are 3 bedrooms appealing to a stable, long-term tenant base. The average rent across the entire portfolio is $1338 per month which is still under market by several hundred a month. Many of the properties have month-to-month leases allowing the new owner to increase rents to market quickly. Currently managed by a 3rd party property manager, this package offers cash flow, appreciation and will be easy to own. Properties are grouped geographically in great areas like Grandview, Olathe, and Kansas City.

 

Addresses:

6608 E 128th Terr, Grandview, MO 64030
6018 E 129th St, Grandview MO 64030
6405 E 152nd St Grandview MO 64030
6202 E 129th St Grandview MO 64030
7439 Longview Rd, Kansas City, MO 64134
1270 N Petzold Dr Apt B Olathe KS 66061
902 W Forest Dr, Olathe KS 66061
503 Woodbridge Ln, Kansas City MO 64145
8715 Sycamore Ave, Kansas City, MO 64138
309 Delaware St #204, Kansas City, MO 64105
13003 Washington Ct, KC KS 66109

  • Address Kansas City Metro Area
  • City Kansas City
  • State/county Missouri
  • Zip/Postal Code 64111
  • Country United States

Details

Updated on August 31, 2023 at 9:15 pm
  • Price: $1,778,500
  • Property Size: 15,234 Sq Ft
  • Rooms: 11
  • Bathroom: Built In 1963
  • Garages: 11 Units
  • Year Built: 1963
  • Property Type: Townhomes
  • Property Status: For Sale

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Michelle Lutz
  • Michelle Lutz