1700 E 36th Street, Kansas City, Missouri 64109
9 Unit Investment Property for sale in the Squier Park Neighborhood of Kansas City. Seller is motivated. Units are currently vacant and present a value-add opportunity for investors. Given some repairs and renovations, this property should generate $5,850 gross per month ($650 per unit per month). Units are individually metered for electric and water. All financial calculations include the assumption that $50,000 will be invested to renovate the property.
9 unit apartment building in the Squier Park neighborhood. Currently vacant and in need of some renovation. All 9 units are 1 Bed / 1 Bath units. Individually metered with front and rear access for each unit. Parking is all on-street.
- $290,000 List Price
- $50,000 Assumed renovation Cost
- NOI = $34,529
- OpEX = $23,019
- Cap Rate = 11.91
- GRM = 4.67
1/3/2019 5:04:50 PM
1/9/2019 4:37:58 PM