Details
Location: 3319/21 Indiana Ave, KCMO 64128
Asking price: $350,000
$100 million+ in infrastructure redevelopment in adjacent area and more coming. Less than 10 min to downtown, Plaza, Westport, and Crossroads. 3 min to new police station, fire station, Sun Fresh, Arvest Bank, and large shopping center.
Updated spacious units with front and back decks.
Unit mix:
Three 2/1 units
One 3/1 unit
Ample off-street parking.
Projected cap rate of 8%+ with market rents and 9%+ with voucher rents.
Low maintenance: cosmetics and mechanicals all recently updated.
Located in Qualified Opportunity Zone (QOZ).
Potential to purchase additional adjacent turnkey 4-plex’s as they come available Summer 2023.
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$349,998
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9 Bedrooms
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4 Bathrooms
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2,816 Sq/ft
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Lot 0.13 Acres
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4 Parking Spots
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Built in 1940
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MLS: 2439928
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Feel free to contact us for more details!
COLBY KIRK
Cap Out Investments