4401 W 107th St - Apartments FOR SALE


Overland Park, KS 66207
$10,000,000 USD
913-599-9351
4401 W 107th St, Overland Park, KS for Sale
$10,000,000 USD
Apartments - FOR SALE
1/53
null | 5.76% Cap Rate

4401 W 107th St
Overland Park, KS 66207


HIGHLIGHTS

  • Occupancy is at 96.31% (2023 Avg. - 96.10% since 1/1/2020).
  • Rent has increased 15% in the last 30 months. RUBS increased by 33% in same period.
  • The loan is assumable, Freddie, 3.96% Fixed Rate, with a maturity date on 10/1/2029, Balance: $6,548,062.
  • NOI increased for 2 consecutive years, on track for 2024. T12 NOI is $96K over 2022.

OVERVIEW

Occupancy is at 96.31% (2023 Avg. - 96.10% since 1/1/2020). Rent has increased 15% in the last 30 months. RUBS increased by 33% in same period. NOI increased for 2 consecutive years, on track for 2024. T12 NOI is $96K over 2022. The loan is assumable, Freddie, 3.96% Fixed Rate, with a maturity date on 10/1/2029, Balance: $6,548,062.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$223 USD /SF

# OF UNITS

70

PRICE/UNIT

$142,857

CAP RATE

5.76%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roe 107

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1989

PARKING SPACES

91

LAND DETAILS

LAND ACRES

2.35 AC

LAND SF

102,366 SF

ZONING

CP2

APN/PARCEL ID

NP20500005-0000

ASK ABOUT THIS PROPERTY

Chris BinkleyAMG Commercial RealtyMore Info
913-599-9351

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Chris BinkleyAMG Commercial RealtyMore Info
913-599-9351

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