Blue Springs, MO 64015,805 NW mock AVE
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Blue Springs, MO 64015,805 NW mock AVE
Blue Springs, MO 64015,805 NW mock AVE
Blue Springs, MO 64015,805 NW mock AVE
Blue Springs, MO 64015,805 NW mock AVE
Listed by Logan Freeman • Foxtrot Real Estate LLC dba XC

$2,400,000

Est. payment /mo

$2,400,000

Est.Price: ?

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805 NW mock AVE Blue Springs, MO 64015

0.37 Acres Lot

SOLD DATE : 03/20/2023

Key Details

Sold Price $2,400,000

Property Type Single Family Home

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Other

MLS Listing ID 2419699

Sold Date 03/20/23

Annual Tax Amount $14,948

Lot Size 0.367 Acres

Acres 0.36730945

Property Description

24 units (4 - 6 plexes - all together) Class A location in a growing suburb - built in value in a superb sub market and ability to generate strong cash flow due to high demand location. Likely won’t ever go down in value and will NEVER be difficult to fill vacancies. Large units with good mix of 2br/2Ba and 1Br/1BA. Ability to push rents with simple cosmetic updates - sub market can handle near top of the line finishes, color schemes, flooring, and fixtures to achieve at or near market rents. Utilize rehab loan to untap NOI and force appreciation. Quiet community - high demand location with exceptional access yet in a suburban community that is family oriented. Due to school popularity, new owner will achieve high occupancy throughout the business plan. Includes 805-817 Mock Ave. (24 units). General photos displayed are representative of various unit interiors.

Location

State MO

County Jackson

Zoning MUL

Rooms

Basement true

Interior

Heating Natural Gas

Cooling Electric

Fireplace N

Laundry In Basement

Exterior

Garage false

Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters

Roof Type Composition

Building

Story 3

Sewer City/Public

Water Public

Structure Type Frame

Schools

Elementary Schools Blue Springs

Middle Schools Blue Springs

High Schools Blue Springs

School District Blue Springs

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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