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Listings Exclusive to Chief Properties (click on address for info)

Mixed Use Building @ 3269 Gillham Road, Kansas City, MO

$65,000 Asking Price

3 Residential Units - 2 Bedroom/1 Bath Units - Projected Rent Range $525-$750

3 Retail/Office Spaces Potentially - Projected Rent Range $12-$15/sq'/YR

3619 sq.' each floor (7,238 total), oversized garage space for unique options.

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Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

5 Units @ 612-620 E 41st Street, Kansas City, MO

$130,000 Asking Price (11.41% Cap Rate)

Five Units - 1 Bedroom/1 Bath Units - Rent Range $375-$425

(5) 1-Bedroom units sold commercial for lending purposes. Great location in Hyde Park, short walk to bus stop, new Gillham Park and Main St Corridor. All units occupied and easy to rent. All units rehabbed in '08 and low vacancy rates. Currently managed by reputable co. Do not approach tenants, no sign in yard. Partial basement for storage/laundry possibilities.

Tenants Pays Elect. & Gas - Year Leases - 100% Occupied

Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

2 Units @ 3725 State Line Road, Kansas City, MO

$125,000 Asking Price (9.86% Cap Rate)

Two Units - 3 Bedroom/1 Bath Units - Rent Range $695-$795

This is a unique opportunity to live near KU Med & 39th street corridor of great restaurants & shops of Westport. Live in one unit & rent the other. One rented unit can cover mortgage & taxes; you can live almost for free in this great property. Vinyl siding, one unit is all electric & the other has gas/electric utilities. Great Investment

Tenants Pays Elect. & Gas - Year Leases - 100% Occupied

Subject to Short Sale terms and lender approval. Do not approach tenants. No Sign in Yard. Contact listing agent for details. Seperately metered for gas/electricity, common water. Off-Street Parking. Updated Interiors

Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

5 Units @ 425-433 N Prairie Street, Liberty, MO

$250,000 Asking Price (10.2% Cap Rate)

Five Units - 2 Bedroom/1 Bath Units - Rent Range $525-$600

This apartment building is located close to downtown Liberty and William Jewel College in the rapidly growing city of Liberty. All the apartments are in great condition and have long-term tenants. Rental demand is high.This has been a great property.

Tenants Pays Elect., Water & Gas - Year Leases - 100% Occupied - Link to Map

Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

2 Units @ 4901-4903 Troostwood Road, Kansas City, MO

$106,000 Asking Price (13.63% Cap Rate)

Two Units - 3 Bedroom/1 Bath Units - Rent Range $695-$850

This property is located a short walk UMKC & Rockhurst. Less than 1 mile from the Plaza, the Art Institute and Nelson Atkins Museum. These rental units are all electric & highly desirable. Huge rooms and open living area.

Tenants Pays Electricity - Year Leases - 100% Occupied - Link to Map

Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

2 Units @ 5325-5327 Paseo Blvd, Kansas City, MO

$110,000 Asking Price (13.05% Cap Rate)

Two Units - (1) 3 Bed/1 Bath Unit & (1) 4 Bed/1 Bath Unit - Rent Range $595-$900

This property is located a short walk UMKC & Rockhurst. Less than 1 mile from the Plaza, the Art Institute and Nelson Atkins Museum. Remodeled in '07. This building can be purchased with 5329 Paseo (below)

Tenants Pays Electricity & Gas - Year Leases - 100% Occupied - Link to Map

Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

2 Units @ 5329-5331 Paseo Blvd, Kansas City, MO

$105,000 Asking Price (10.57% Cap Rate)

Two Units - 3 Bedroom/1 Bath Units - Rent Range $525-$750

This property is located a short walk UMKC & Rockhurst. Less than 1 mile from the Plaza, the Art Institute and Nelson Atkins Museum. Remodeled in '07. This building can be purchased with 5325 Paseo (above)

Tenants Pays Electricity & Gas - Year Leases - 100% Occupied - Link to Map

Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

4 Units @ 5937 Holmes Street, Kansas City, MO

$169,000 Asking Price (9.02% Cap Rate)

Four Units - (1) 3 Bed/1 Bath Unit & (3) 1 Bed/1 Bath Units - Rent Range $330-$850

This property is located in Brookside. A converted home that houses four separately metered apartments. Common gas and water paid by owner. Tenants pay for electricity only. Window air and wall heaters. Best area KCMO has to offer.

Tenants Pays Electricity - Year Leases - 100% Occupied - Link to Map

Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

4 Units @ 11005 NW Player Drive, Parkville, MO

$195,000 Asking Price (10.96% Cap Rate)

Four Units - 2 Bedroom/1 Bath Units - Rent Range $525-$700

This property is located near Park University, Zona Rosa and MCI Airport. This is the best building in the neighborhood with the lowest rents. There is a great opportunity to add value immediately.

Tenants Pays Water, Electricity & Gas - Year Leases - 100% Occupied - Link to Map

Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com

 

Additional Notes:

Kansas City, Missouri boasts nearly half (42%+) of its inhabitants as renters. Midtown Kansas City is home to The Art Institute, UMKC, Rockhurst and many other technical and trade schools that annual bring a tremendous renter base. The best of Kansas City attractions, shopping & character is found in the Midtown areas of Westport, The Plaza, Hyde Park, Brookside & Waldo. These areas are in the highest rental demand with the crown jewel being the Plaza where high end retail and eateries attract the most attention from all the surrounding areas outside of Kansas City.

Kansas City also is home to many Corporate Headquarters including Sprint, Hallmark & H&R Block which strengthens the job market as well as the housing market stability. All of the before mentioned occupy an area of approximately 8 miles x 2 miles on the Kansas City, Missouri side of the greater Kansas City metro. This corridor is prime rental area & will continue to appreciate over time with new development and the rehabilitation of classic old properties that make Kansas City so unique.

 

 

*** All information provided herein is considered reliable but not guaranteed. All interested parties are to conduct inspections during due diligence period to confirm the statements represented here. Caveat Emptor applies as sellers have never occupied the properties.. Physical, Mechanical & Structural Inspections are recommended to any interested party. Chief Properties LLC provides this data for informational use only and does not guarantee its accuracy.

 

This Listing is the Property of Chief Properties LLC (MO License # 20006010500 KS License # CO00001083)

 

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Chief Properties LLC - PO Box 22571
Kansas City MO 64113

broker@chiefpropertieskc.com
888.378.5235 (toll free)