Brice Bradshaw
This listing was posted on RealtyWW.
$1,560,000
Home For Sale In Kansas City, Missouri
Price:
$1,560,000
Location:
4505 Jarboe St, Kansas City, MO
Description:
Well-maintained 12-unit garden style apartment complex in West Plaza neighborhood. Building stands 3-stories with modern glass balconies, newer exterior paint/lighting/siding, and parking lot at the rear providing tenants 8 off-street spaces. The 12 units at the building consists of (2) one-bedroom units and (10) two-bedroom units. The propertys location is anchored by the Country Club Plaza and Westport as well as universities (UMKC, Art Institute, Metropolitan CC), hospitals (KU Med and St. Luke's), local shops/restaurants and businesses. Over the last 10 years, ownership has completed capital expenditures including decks/railings, sliding glass doors and vinyl windows, newer roof and mansard repairs, new concrete sidewalk/stairs, and updates to landscaping. All units at the property have central air, spacious floorplans, Google Fiber, balconies/patios, ample closet space, fully equipped kitchens with stainless appliances, updated flooring, updated bathroom and individual storage lockers. Select units feature decorative fireplaces and in-unit washer/dryer (2). A secured designated laundry room is offered to tenants with coin-operated machines on a month-to-month Jetz lease. The building is separately metered for gas and electric (tenant paid) and has common water and trash (landlord paid). The two 1-bedroom units are on a master meter. The building is partially broker-owned and has 3rd party management in place. At the start of April, owner procured a new trash contract and implemented a water savings program/equipment to help reduce water expenses. Buyers could continue to manage property as-is with small incremental improvements or look to carry out enhanced make-readies on kitchens/baths and add laundry to units with RUBS implemented to maximize rents. Buyers looking for greater scale can package this property with 4033 Oak (MLS 2483405), a 14-unit complex in Southmoreland owned/operated by the same partnership.For more details: https://realtyww.info/homes_kansas-city-d523408/for-sale_i70807161
Property Type:
Single-Family Houses
Amenities:
AC, Fireplace, Storage, Washer Dryer
Posted:
April 18 on RealtyWW
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More About this Listing: Home For Sale In Kansas City, Missouri
Home For Sale In Kansas City, Missouri is a Single-Family Homes for Sale at 4505 Jarboe St in Kansas City MO. Find other listings like Home For Sale In Kansas City, Missouri and listings near 4505 Jarboe St by searching Oodle Classifieds for Single-Family Homes for Sale in Kansas City MO.
Home For Sale In Kansas City, Missouri is a Single-Family Homes for Sale at 4505 Jarboe St in Kansas City MO. Find other listings like Home For Sale In Kansas City, Missouri and listings near 4505 Jarboe St by searching Oodle Classifieds for Single-Family Homes for Sale in Kansas City MO.