Kansas City, KS Multi-Family

Highlights

• 18 units / 14 -2 bedrooms and 4 -1 bedroom
• Every unit contains a washer/dryer
• 2021 new roof, stairs and decking
• Currently 90% occupancy

Description

SVN | The Hurst Company is excited to bring to market this 18-unit, two-story complex that is located in the heart of Kansas City, KS., at the intersection of N. 51st Ter. and Leavenworth Rd. The building backs up to an elementary school and is in close proximity to a middle and high school. The location is conveniently located near I-635 for easy access anywhere in the city. In addition, the location is within a 15-minute drive to the Legends Shopping District, NASCAR, Children's Mercy Soccer Complex, KC Live in downtown Kansas City, MO, and Zona Rosa to the north. The most recent renovations took place in 2021 which included a new roof and decking throughout the exterior of the building. This is a very desirable location and should appeal to any investor looking for upside. Per RentCafe, for the second month in a row, Kansas City, is the most sought-after city by renters.

This recently upgraded low-rise complex is very well located and in a very desirable rent range, making it a great fit for families or individuals that need to be near schools or work. The building is conveniently located making it easy to access any part of the city within 20-minutes. Every unit was renovated in 2016 and then in 2021 a new roof, stairs and decking throughout was completed. This complex has always maintained a strong occupancy rate.