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    8118 Paseo Boulevard

    Kansas City, MO 64131
    • $568,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 2246386
    UPDATED: 55 min ago
    $568,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    County:
    Area:
    202

    School Ratings & Info

    School District:

    Description

    Cash flowing 11 unit portfolio with properties located in KCMO zip codes 64132 (6) 64131 (3), 64130 (1), and 64126(1). Many properties located in up and coming neighborhoods with equity opportunity as areas continue to develop. Currently operates at an ACTUAL 9.6% cap rate (32% expense ratio built-in). Mix of market and section 8 rent. Recession proof assets with upside potential via improvements and rent increases. Properties are being sold as-is. See supplements for OM & financials.

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    Heartland MLS Terms of Use

    The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2020, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams Realty Partners, Inc. do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2020-10-29T23:44:41.867.

    www.houseofcouse.com/homes/110687505
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    8118 Paseo Boulevard Kansas City, MO 64131

    • Price: $568,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 2246386
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Kelley & Bringhams Addition
    County:
    Jackson
    Area:
    202
    School District:
    Kansas City Mo
    Property Description
    Cash flowing 11 unit portfolio with properties located in KCMO zip codes 64132 (6) 64131 (3), 64130 (1), and 64126(1). Many properties located in up and coming neighborhoods with equity opportunity as areas continue to develop. Currently operates at an ACTUAL 9.6% cap rate (32% expense ratio built-in). Mix of market and section 8 rent. Recession proof assets with upside potential via improvements and rent increases. Properties are being sold as-is. See supplements for OM & financials.
    Exterior Features

    Construction FrameStone & Frame Garage No Parking Description Off-StreetOn Street Roof Composition

    Interior Features

    Basement Yes Central Air No Cooling Central ElectricWindow Unit(S) Heating Forced Air ElectricForced Air Gas Type Of Unit 2 Bedroom3 Bedroom

    Property Features

    Age Description 76-100 Years Current Occupancy Rate Over 95% Documents Available Financial DetailsLease Agreements Hoa Amount 0 Lease Contingency MonthlyOne Year Lease Multifamily Type Package Of Properties REO No Sewer City/Public Type Of Management Owner Manager Utilities Separate Meters Water City/Public

    Listing information © 2020 Heartland MLS.
    Listing courtesy of Wardell & Holmes Real Estate.



    Heartland MLS Terms of Use

    The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2020, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams Realty Partners, Inc. do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2020-10-29T23:44:41.867.

     
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    Keller Williams Realty Partners, Inc.
    6850 College Blvd.
    Overland Park KS, 66211