Warwick Triplex

Massive two bedroom 1 bathroom units in a fantastic location. Each unit is an entire floor and 1,300 SF with a private balcony.

Why We Love It: Very large units with upside potential on rents. Near the streetcar line and walkable to all that the KC metro has to offer including great restaurants and coffee shops. Parking in a lot behind the building is coveted in this location.

The Challenge: Older buildings can have additional capital expenses that need to be budgeted for. Cosemetic updates are needed to get units to market rents.

The Value Add Play: Get all the units up to market rent, consider luxury renovations to maximize income or clear up what is there and still get solid rents.