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Rare, Essentially New-Construction 10-Unit Asset | Feasibility Study To BUILD ADDITIONAL UNITS Turnkey Investment | No Anticipated CapEx for Years | 10% Cap Rate | This is a truly rare opportunity to acquire an essentially new-construction 10-unit property in Kansas City, MO. The building underwent a comprehensive, top-to-bottom renovation beginning in 2022, with all work properly permitted and approved. With every major system replaced, this asset offers years of low-maintenance ownership and immediate cash flow. | Property Highlights: | Fully renovated from the ground up - the foundation is the only original component Each unit features: Private full bathroom Individual mini-split HVAC system with heat pump and thermostat Luxury vinyl plank flooring Efficient kitchenette setup New R-13 fire suppression system installed All exterior water lines replaced with new 4" lines Designed for op...
Rare, Essentially New-Construction 10-Unit Asset | Feasibility Study To BUILD ADDITIONAL UNITS Turnkey Investment | No Anticipated CapEx for Years | 10% Cap Rate | This is a truly rare opportunity to acquire an essentially new-construction 10-unit property in Kansas City, MO. The building underwent a comprehensive, top-to-bottom renovation beginning in 2022, with all work properly permitted and approved. With every major system replaced, this asset offers years of low-maintenance ownership and immediate cash flow. | Property Highlights: | Fully renovated from the ground up - the foundation is the only original component Each unit features: Private full bathroom Individual mini-split HVAC system with heat pump and thermostat Luxury vinyl plank flooring Efficient kitchenette setup New R-13 fire suppression system installed All exterior water lines replaced with new 4" lines Designed for operational efficiency and long-term durability | Zoning & Expansion Upside: | Situated on 0.63 flat acres Zoned BC3-2, allowing for future expansion or redevelopment into residential, commercial, or additional multifamily units (FEASIBILITY STUDY COMPLETED & AVAILABLE UPON REQUEST) | Prime Tenant Location: | Directly on a bus stop | Across the street from everyday essentials including: | Grocery store Gas stations Gym Coffee shop Thrift store Highly walkable and transit-friendly, supporting strong tenant demand | Financials: | Ideal Use Cases: | Sober living or group housing Voucher-based tenants with on-site management Workforce or transitional housing Investor seeking stable cash flow with future development upside | This asset offers the rare combination of new-construction quality, strong current income, and significant expansion potential - all in a high-demand, amenity-rich location.
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