3102-3112 N 51st Ter - Apartments FOR SALE


Kansas City, KS 66104- Quindaro Bluffs
$1,800,000 USD
913-538-5568
3102-3112 N 51st Ter, Kansas City, KS for Sale
$1,800,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

3102-3112 N 51st Ter
Kansas City, KS 66104
Quindaro Bluffs


HIGHLIGHTS

  • 18 units / 14 -2 bedrooms and 4 -1 bedroom
  • Every unit contains a washer/dryer
  • 2021 new roof, stairs and decking
  • Currently 90% occupied

OVERVIEW

SVN | The Hurst Company is excited to bring to market this 18-unit, two-story complex that is located in the heart of Kansas City, KS., at the intersection of N. 51st Ter. and Leavenworth Rd. The building backs up to an elementary school and is in close proximity to a middle and high school. The location is conveniently located near I-635 for easy access anywhere in the city. In addition, the location is within a 15-minute drive to the Legends Shopping District, NASCAR, Children's Mercy Soccer Complex, KC Live in downtown Kansas City, MO, and Zona Rosa to the north. The most recent renovations took place in 2021 which included a new roof and decking throughout the exterior of the building. This is a very desirable location and should appeal to any investor looking for upside. Per RentCafe, for the second month in a row, Kansas City, is the most sought-after city by renters.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$143 USD /SF

# OF UNITS

18

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

KRP3

APN/PARCEL ID

917626

ASK ABOUT THIS PROPERTY

Richard HurstThe Hurst CompanyMore Info
913-538-5568

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Richard HurstThe Hurst CompanyMore Info
913-538-5568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.