Description
Cash flowing 11 unit portfolio with properties located in KCMO zip codes 64132 (6) 64131 (3), 64130 (1), and 64126(1). Many properties located in up and coming neighborhoods with equity opportunity as areas continue to develop. Currently operates at an ACTUAL 9.6% cap rate (32% expense ratio built-in). Mix of market and section 8 rent. Recession proof assets with upside potential via improvements and rent increases. Properties are being sold as-is. See supplements for OM & financials.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
Description
Cash flowing 11 unit portfolio with properties located in KCMO zip codes 64132 (6) 64131 (3), 64130 (1), and 64126(1). Many properties located in up and coming neighborhoods with equity opportunity as areas continue to develop. Currently operates at an ACTUAL 9.6% cap rate (32% expense ratio built-in). Mix of market and section 8 rent. Recession proof assets with upside potential via improvements and rent increases. Properties are being sold as-is. See supplements for OM & financials.
Heartland MLS Terms of Use
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and REMAX Heritage do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-01-18T17:44:51.67.