13 units - 2 fourplexes, 2 duplexes, and a single family home - all in Jackson County. Exceptionally low basis - instant equity built in. UPGRADED ($150,000 spent on CapEx) but under rented. Buy and hold or piece off and sell immediately to gain additional equity. Or, hold for 5+ years and enjoy strong cash flow for years to come. HIGH DEMAND - duplexes, fourplexes are in high demand for tenants as they are priced out of home ownership. Tenants demand garages and storage. Many will pay a premium to stay long term. LOW owner expenses - tenants pay for most all of their own utilities and services. Owner has the advantage of having low monthly expenses. Low/no common area electric or gas bills due to hallways or other traditional apartment expenses. Able to run property low and lean while generating cash flow.
All Addresses:
- 714 SW 36th Terrace, Blue Springs, MO - Duplex
- 105 N Dogwood Avenue, Oak Grove, MO - Fourplex
- 425 Linden Street, Independence, MO - Fourplex
- 15112 E 40th Street, Independence, MO - Single Family Home
- 16609 E 28th Place, Independence, MO - Duplex