819/823 E 42nd St Kansas City Missouri
- Proven Asset: The subject property that makes up what is known as Hyde Park Apartments is next door to two sister buildings with identical layouts that are achieving $800 per month after renovations.
- Great Occupancy: Midtown is experiencing high demand for small unit sizes; such as 1 Bedrooms & Studios. The sister 6 plexes next door performed at 100% occupancy in the last 6 months.
- Compelling location: Two 6 plexes located in Manheim Park, Midtown Kansas City, MO.
- Immediate Value-Add: Near term value add opportunity through correction of deferred maintenance, landscaping and unit makeover to achieve rent increase.
- Favorable Investment Climate: The Kansas City Metro Multi-Family Market is experiencing an influx o movement to the urban core with rental rates at historical highs.
Asking Price: $765,000
Units: (2) 6 Plex – 1 BD (12)
Property Tax: $2,778
Year Built: 1920
|Address:||819/823 E 42nd St|
|Property Type:||Mutli-Family Portfoilo|
|Lot Size:||.2 Acres|