Multi-Family - 15 units Multi-Family FOR SALE


Independence, MO - Bundschu
$855,000 USD
816-591-0825
, Independence, MO for Sale
$855,000 USD
Multi-Family - FOR SALE
1/12
null | 7.5% Cap Rate

Multi-Family - 15 units
Independence, MO
Bundschu


HIGHLIGHTS

  • Value add play by having tenants pay all utilities
  • 7.5% cap rate projected to over 10% cap rate
  • Sell individually or keep for cash flow
  • 15 units across 5 parcels
  • TONS of upgrades to unit interiors
  • Suburban location in in-demand neighborhoods

OVERVIEW

Exceptional package of 15 units + rented garage across 5 buildings all located in Independence. Gross rents over $10,000+. Buildings include 2 duplexes, 2 fourplexes, and a triplex. There are 11 1Br, 3 2BR, and 1 4BR 2 BA units. Many updates and upgrades over time including updated flooring, color scheme, appliances, paint and so much more! No HOA. If you want cash flow at a very low cost per unit, this is your package. Locations are in quiet neighborhoods near major employers with exceptional access to anything tenants need. Many include washer and dryer hook ups or space to add for tenant access. Current property management in place could stay, self manage, or bring your own. Sold as a package. Addresses included in this MLS sales are: 11300 E 29th St S, Independence, MO 64052; 810 S Hardy Ave, Independence, MO 64053; 551 S Brookside Ave, Independence, MO 64053; 601 W South Ave, Independence, MO 64050; 726 N River Blvd, Independence, MO 64050; 1005 W Nettleton Ave Independence, MO 64050.

ASK ABOUT THIS PROPERTY

Alex OlsonLegendary Apartment BrokersMore Info
816-591-0825

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Alex OlsonLegendary Apartment BrokersMore Info
816-591-0825

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