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Archived about 2 months ago

$659,000

rooms 1 ba

809 Mock Ave, Blue Springs, MO 64015

Commercial Multifamily Occupied Off MLS

Current Rent **

$4,890

Projected Rent **

$6,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Value Add 6plex in B+ Area with Great Schools

Highlights
• Highly-rated Blue Springs School District
• On-site Laundry
• Desirable Unit Mix of 4 Two-Bed and 2 One-Bed Units
• 2 / 6 Units Have Just been Fully Renovated
• Ample Off-Street Parking
• Modern 1983 Construction

Features and Amenities:
• Central Heat and Air
• Luxury Finishes with a Modern Palate
• Dishwashers and Disposals
• Ample On-Site Parking
• Suburban Community with Easy Access to all of Kansas City’s Employment and Attractions

The Opportunity: Experience rental property investing at its finest with the Mock Ave Apartments. This 6-unit building offers residents spacious units featuring central heating and air. Renovated units feature premium vinyl flooring, large kitchens with dishwashers, disposals, and stainless-steel appliance packages.

Built in 1983, the property includes on-site laundry facilities and rear off-street parking. Located in the highly-rated Blue Springs school district, this property is situated in a high-demand area with built-in value and substantial growth potential. Don't miss your chance to invest in Mock Ave Apartments!

Location:

809 Mock Ave, Blue Springs, MO 64015

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.