8705 E 63rd Trafficway - Apartments FOR SALE


Kansas City, MO 64133- East Swope Highlands
$700,000 USD
913-775-0443
8705 E 63rd Trafficway, Kansas City, MO for Sale
$700,000 USD
Apartments - FOR SALE
1/79
null | 8.2% Cap Rate

8705 E 63rd Trafficway
Kansas City, MO 64133
East Swope Highlands


HIGHLIGHTS

  • Perfect Location And Layout For Traditional Rent, Sober Living, Assisted Living, And Many More Programs!!

OVERVIEW

RARE Like NEW CONSTRUCTION 10 Unit On In KCMO!! No CapEX For YEARS!! As Turnkey As They Come!! DESCRIPTION: - Opportunity To Own A Unique Property Ideally Located With ZERO Capital Expenses For YEARS! This Property Has Been Painstakingly Renovated, Starting In 2022 With EVERYTHING Being Replaced! All Plans, Permits, Etc Were Properly Submitted & Approved! -Each Units Has: Its Own Mini-Split With Heat Pump, Luxury Vinyl Flooring, Full Bathroom, And Small Kitchen Set-up. In Addition, Property Has A New R-13 Fire Suppression System And All Exterior Water Lines Replaced With 4" Lines. The Only Thing Original To The Property Is The Foundation! -Property Sits On 0.63 FLAT Acres In BC3-2 Zoning, Which Allows For FURTHER EXPANSION In Residential, Commercial, Or Multi-Family!! -The Location Of This Property Is IDEAL For Tenants...Right On A Bus Stop and Sits Right Across From: QuickTrip, Dollar General, Grocery Store, Gym, Goodwill, And Coffee Shop (Map Attached)! -Property Can Be Delivered Vacant Or FULLY RENTED At $8000 / Month, Putting This Property At A Solid Cap Rate Of 10!! (Unheard Of For Essentially New Construction) INVESTMENT CHALLENGES: -Property Is Unique In It's Layout Perfect For: Sober Living Homes, Group Homes, Vouchers Who Need An Onsite Person, Etc. -Since It Was Originally A Single Family Home, Each "Unit" Is Essentially A Bedroom With Full Bath, Its Own Mini-Split With Heat Pump & Thermostat, And A Common Area On The Main Floor. -Property Sits On 0.63 FLAT Acres In BC3-2 Zoning, Which Allows For FURTHER EXPANSION In Residential, Comercial, Or Multi-Family!! -The Location Of This Property Is IDEAL For Tenants...Right On A Bus Stop and Sits Right Across From: QuickTrip, Dollar General, Grocery Store, Gym, Goodwill, And Coffee Shop (Map Attached)! -Property Can Be Delivered Vacant Or FULLY RENTED At $8000 / Month, Putting This Property At A Solid Cap Rate Of 8!!

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

10

PRICE/UNIT

$70,000

CAP RATE

8.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

B3-2

APN/PARCEL ID

45-340-01-04-00-0-00-000

ASK ABOUT THIS PROPERTY

Steve SobyKeller Williams Plaza PartnersMore Info
913-775-0443

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Steve SobyKeller Williams Plaza PartnersMore Info
913-775-0443

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