$ 0 to $ 1,500,000

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4 Plex

Current rents roughly:

2 bed – 800

2 bed – 800

1 bed – 650

Studio – 600

One tenant is moving out, others have been there for several years, owner pays water. All electric seperately metered!

 

VALUE ADD

Fair market rent is:

2 bed- 1,050

2 Bed – 1050

1 bed – 857

Studio – 731 

 

8 cap value estimate using a 40% Expense ratio (EXTREMELY CONSERVATIVE for this property) brings this property to a projected valuation of $334,000 

Address: 9711 E. 18th St. S, Independence, MO
State/County:
Zip: 64052
Country: United States
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Property Id : 28859
Price: $ 275,000
Rooms: 0
Bedrooms: 0
Bathrooms: 0
Outdoor Details
balcony
Garden
Other Features
Appraisal Available
attic
back yard
basketball court
Central A/C
Chair Accessible
concierge
deck
Den/Office
doorman
Elevator
fenced yard
Finished Basement
Fireplace
front yard
Fully Renovated
gas heat
Gated Community
gym
Inspection Report(s) Available
lake view
laundry
New Construction
New Roof
ocean view
Off-Street Parking
Pool
pound
private space
Realtor Comps Available
recreation
Rehab Estimates Available
Roof Deck
Spa/Hot Tub
sprinklers
storage
Theater Room
washer and dryer
Water Front
wine cellar

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Trey Dockery