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$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 |
$185,000 Asking Price (12.7% Cap Rate) Five Units - 1 Bedroom/1 Bath Units - Rent Range $375-$475 This apartment building is located in Hyde Park, part of Mid-Town Kansas City. This building is surrounded by quality homes and rentals. Located just a short walk from the bus line and a new community park. One level with storage available in basement. Tenants Pays Electricity & Gas - Year Leases - 100% Occupied - Link to Map Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com |
$159,900 Asking Price (11.48% Cap Rate) Four Units - 1 Bedroom/1 Bath Units - Rent Range $375-$475 Remodeled in '08 with many improvements that make this property the best for the area. Easy to rent with quality tenants. Room to raise rents in future. Units are completely updated and tenants appreciate the improvements. Tenants Pays Electricity & Gas - Year Leases - 100% Occupied - Link to Map Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com |
$165,000 Asking Price (9.42% Cap Rate) Two Units - 3 Bedroom/1 Bath Units - Rent Range $695-$850 This property is located a short walk from KU MED & the shops/restaurants of the 39th Street corridor. Off-Street Parking, upstairs unit is all electric. Interior has been updated and the location is highly desirable. Tenants Pays Electricity & Gas - Year Leases - 100% Occupied - Link to Map Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com |
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$99,000 Asking Price (12.30% Cap Rate) Three Units - (2) 1-Bed/1 Bath Units & (1) 2-Bed/1 Bath Unit - Rent Range $450-$700 This apartment building is located in Hyde Park, part of Mid-Town Kansas City. This building is surrounded by quality homes and rentals. Located just a short walk from the bus line and a new community park. Subject to SHORT SALE & Lender approval. Tenants Pays Electricity & Gas - Year Leases - 67% Occupied - Link to Map Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com |
$125,000 Asking Price (11.56% 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 |
$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 |
$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 |
$112,000 Asking Price (11.54% 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. This building has been remodeled and improved. Tenants Pays Electricity & Gas - Year Leases - 100% Occupied - Link to Map Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com |
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$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 |
$105,000 Asking Price (10.90% Cap Rate) Two Units - 2 Bedroom/1 Bath Units - Rent Range $575-$650 This property is located a close to Brookside, UMKC & Rockhurst. About 1 mile from the Plaza, the Art Institute and Nelson Atkins Museum. Remodeled in '08 with a new roof, new HVAC, updated kitchens and baths & new flooring. Turn key investment property. Tenants Pays Electricity & Gas - Year Leases - 100% Occupied - Link to Map Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com |
$190,000 Asking Price (11.00% Cap Rate) Four Units - 2 Bedroom/1 Bath Units - Rent Range $500-$650 This property is located near Waldo & Brookside. All brick building with off-street parking. Very little deferred maintenance. Good sized apartments, each with private storage in basement (600 sq.' each). Good renters with room for rent increases. Tenants Pays Electricity & Gas - Year Leases - 100% Occupied - Link to Map Contact Todd Marcus for more information tmarcus@chiefpropertieskc.com |
$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 |
$215,000 Asking Price (11.76% Cap Rate) Five Units - (1) 2 Bed/1.5 Bath Unit & (3) 1 Bed/1 Bath Units & (1) Studio/1 Bath Unit This apartment building is located in Hyde Park, part of Mid-Town Kansas City. This building is surrounded by quality homes and rentals. Historic tax credits & character tenants love. Rent Range $375 - $700 Tenants Pays 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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