Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
The Independence Three
Investment Info:
Large multi-family (5+ units) buy & hold investment in Kansas City.
Purchase price: $22,100,000
Cash invested: $5,500,000
A 426-unit, three-property portfolio conveniently located within the historic Independence, Missouri submarket. These well-
maintained communities present a strong cash flow investment with high occupancies and consistent annual rent growth. In addition, there is value-add opportunities including the implementation of systematic interior renovations and continued implementation of utility recoveries across the portfolio.
What made you interested in investing in this type of deal?
This is another deal that fits Touzi Capital's investment thesis. Strong day one cash flow.