1316 Admiral Boulevard
Property Description
Terrific opportunity to invest in this all brick 9-unit apartment building with high occupancy, long-term tenants, and the ability to add value by increasing to market rate rents, consolidating utility expenses, and/or adding affordable housing tenants. All units are studios with 2 different floorplans. 8 of the 9 units are currently leased. The unoccpuied unit is being kept vacant for showings. Positioned just minutes from some of Kansas City's most dynamic destinations, this property is located less than 1 mile from Kansas City University Medical Campus, Downtown Kansas City, River Market, and the Columbus Park neighborhood. While the immediate area is still evolving, the location offers exceptional proximity to ongoing redevelopment, major employment centers, established neighborhoods, entertainment, and future growth opportunities throughout the urban core.
Broker Details
RE/MAX Legacy (816) 994-9901
MLS ID: SALLYB State License Number: 2016043038
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $647,000 |
| No. of Units: | 9 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Price per unit: | $71,889 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 2 |
ID: 3yd-HMLSKS-2619360
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
1825 S Crawford Road
Mt Pleasant, Michigan
1825 S Crawford Road
Mt Pleasant, Michigan
1825 S Crawford Road
Mt Pleasant, MichiganBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout