100 Askew Ave
- Diversified income: Six apartments plus three leased storefronts.
- Rent upside: Renovations and renewals can bring apartment rents up to market.
- Recent upgrades: 2021 TPO roof, with mini-splits in all but two units.
- Tenant-paid electric: Every unit is separately metered.
- Corner location: Askew and St. John, near Cliff Drive, Kessler Park and the Museum of Kansas City.
Property Description
100 Askew Avenue is a fully leased, approximately 6,000 SF mixed-use corner building in Kansas City's Historic Northeast, with five one-bedroom apartments, one studio and three ground-floor storefronts. Offered at $560,000, the property generates $5,710 in monthly scheduled rent. Key upgrades are already in place, including a 2021 TPO roof, mini-split heating and cooling in all but two units, and individual electric metering. Month-to-month apartment leases let a buyer phase renovations and move rents toward market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $560,000 |
| No. of Units: | 9 |
| Year Built: | 1910 |
| Lot Size: | 0.17 Acres |
| Opportunity Zone: | No |
| Price per unit: | $62,222 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
REO: Timberlee Apartments | Vacant, Value-Add
Topeka, Kansas
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout