Robinson Ten

8400-08 Robinson, Overland Park, KS 66212 & 8410-18 Robinson, Overland Park, KS 66212

Units: 10
Price: $1,190,000
Year built: 1964

DESCRIPTION

Robinson Ten apartments offer investors a chance to buy in the coveted Overland Park submarket and achieve significant upside in rents with little effort. This low-maintenance building contains a solid mix of one and two-bedroom units. The building has all the amenities tenants look for in a rental, good-sized bedrooms, off-street parking, and on-site laundry. All utilities sub-metered, even water. Overland Park has huge demand from renters. All units except the two that were just leased for the proforma rents are on M2M leases and ready for upgrades and rental increases as tenants move out.

What we love: A true value add opportunity in a coveted Overland Park location.1960s construction offers modern floor plans plus tenants love on-site laundry and ample parking.

Property Challenges: The exterior could use some sprucing up – new staircases anda coat of paint and units need cosmetic renovation to achieve maximum rents. Central heat but only window AC.

Buyer Detail and Financials

GALLERY

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