Courtesy of: Stacie Green, Keller Williams Realty Partners Inc., stacieg@kw.com
Courtesy of: Stacie Green, Keller Williams Realty Partners Inc., stacieg@kw.com
$1,900,000
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Lot: 0.60 Acres
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Apartment
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$1,900,000
9930 E 36th Street S YES!!! TAKE A LOOK AT THIS GREAT LISTING, this one offering a 8.9% stabilized CAP RATE! Orchard Park Apartments is a two-building, garden-style multifamily property located at 9930-9932 E 36th Street S in Independence, Missouri. Built in 1965, the property consists of 20 apartment units across two 2.5-story masonry buildings situated on approximately 0.59 acres. The unit mix includes one- and two-bedroom apartments, many of which have been recently renovated, offering updated interiors while maintaining durable, classic construction. The buildings feature concrete exterior walls, flat roofs with single-ply membrane roofing, and individually metered gas and electric utilities. Tenants benefit from huge paved parking lot, balconies on upper-level units, and convenient access to major highways. Orchard Park Apartments is located near the I-70 and I-435 corridors, providing easy access to employment centers, retail, dining, and downtown Kansas City. The surrounding area is established and stable, making the property well-positioned for continued lease-up and long-term investment performance.This opportunity is well-suited for investors seeking stable income today with value-add potential in a growing Kansas City-area market.
Courtesy of: Stacie Green, Keller Williams Realty Partners Inc., stacieg@kw.com
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