Updated almost 7 years ago on . Most recent reply
Multifamily Package Contract in Kansas City (5 bdgs/20 units)
Package of off-market multi-family properties in Northeast Kansas City, Missouri.
- 3 4plex's
- 1 6plex
- 1 duplex
Total: $650k
All 4 plex are fully occupied at $525/mo, $2100/mo gross per building. These 4 plexes have off street parking and are all adjacent to one another. 5 of the units are 3 bedroom, the rest are 2 bedroom units. Value add opportunity, or leave as is and still cash flow.
6 plex - Fully occupied at $450/mo per unit, $2700/mo gross. All 2 bedroom units. Units have hardwood floors, and tile in kitchen.
Landlord pays water/common electric, and also gas for the 6 plex.
Duplex: Needs about $20k worth of work - top unit is 5 bedrooms, bottom unit is 2 bedrooms.
Contact me for more details.
Keywords: MF's, multifamilies, cash flow, multi-families, apartments, apartment, apartment building, KCMO, KC
