Description
Turn-Key Investment Opportunity 4-Unit Portfolio in Harvest Hills. This income-producing portfolio includes three 1-bedroom apartments and one 2-bedroom condo, all located in the tight-knit community of Harvest Hills. These properties are in Independence but within the highly rated Blue Springs School District, offering easy access to I-70 for convenient commuting. The Harvest Hills community provides desirable amenities, including a tennis court, basketball court, community room, children's pool, large green spaces, and a playground. Investors will appreciate the strong rental demand and low vacancy rates in this area. While all current tenants are self-pay, some landlords in the community utilize VA vouchers, offering potential for diverse leasing strategies. Additionally, other landlords occasionally sell units, creating opportunities to expand holdings within the community. This portfolio offers a sturdy Cap Rate. HOA is $65 per month and covers trash, a designated parking spot and community amenities. Tenants pay for gas, water, and electricity. Each unit has laundry hookups. A reliable property caretaker is available for new ownership if needed. This unit: external photos recent. Interior photos from June 2024. Other Properties in Portfolio: 160 MLS#2531814, 161 MLS#2531822, 162 MLS#2531828. Cost of all 4 units available: $300k. Monthly combined income: $2,925. Ask the listing agent or your agent for the Multifamily Property Disclosure Rider for further details. Please do not disturb tenants no yard signs. Lease agreements and property viewings are available with an accepted contract. Seller is a licensed Realtor in Missouri and Kansas.
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2BEDS
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750ACRES
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1BATHS
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01/2 BATHS
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770SQFT
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$117$/SQFT
School Information
Description
Turn-Key Investment Opportunity 4-Unit Portfolio in Harvest Hills. This income-producing portfolio includes three 1-bedroom apartments and one 2-bedroom condo, all located in the tight-knit community of Harvest Hills. These properties are in Independence but within the highly rated Blue Springs School District, offering easy access to I-70 for convenient commuting. The Harvest Hills community provides desirable amenities, including a tennis court, basketball court, community room, children's pool, large green spaces, and a playground. Investors will appreciate the strong rental demand and low vacancy rates in this area. While all current tenants are self-pay, some landlords in the community utilize VA vouchers, offering potential for diverse leasing strategies. Additionally, other landlords occasionally sell units, creating opportunities to expand holdings within the community. This portfolio offers a sturdy Cap Rate. HOA is $65 per month and covers trash, a designated parking spot and community amenities. Tenants pay for gas, water, and electricity. Each unit has laundry hookups. A reliable property caretaker is available for new ownership if needed. This unit: external photos recent. Interior photos from June 2024. Other Properties in Portfolio: 160 MLS#2531814, 161 MLS#2531822, 162 MLS#2531828. Cost of all 4 units available: $300k. Monthly combined income: $2,925. Ask the listing agent or your agent for the Multifamily Property Disclosure Rider for further details. Please do not disturb tenants no yard signs. Lease agreements and property viewings are available with an accepted contract. Seller is a licensed Realtor in Missouri and Kansas.
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