BEDS0
BATHS
MLS#2637853
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBlue Valley Acres
SCHOOLIndependence
Property Description
Orchard Townhomes is a unique opportunity to acquire 50 townhome units spread across 25 duplex-style buildings on East 50th Terrace, Queen Ridge Avenue, and Breckenridge Avenue in Kansas City, MO (64136).? The property offers a mix of 2 bed/1.5 bath, 2 bed/1 bath, and 3 bed/2 bath floorplans (majority 3 bed/2 bath) averaging 1,285 SF; large for the submarket.? Each unit includes washer/dryer hookups, central heating and cooling, and a two-car garage.? Utilities are individually metered and paid directly by tenants, lowering owner expenses.? The duplex building/individual parceled layout supports multiple exit strategies, including the potential for individual building sales down the road.? Orchard townhomes sits within the Independence submarket of the KC metro.? Residents have easy access to the Truman Sports Complex (home of the Chiefs & Royals) and the broader KC metro via I-70 and I-470.? The property has been remarkably stable, with occupancy never dropping below 96%.? Rents still have room to grow, the propertys $1,545 average rent sits well below comparable renovated 3BR/2BA product in nearby Blue Springs ($1,650-$2,150/mo), with virtually no new competing supply in the immediate submarket, this is a rare combination of proven stability today and real upside tomorrow!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Heating: Electric
Home Style: Package of Properties
Lot Size: 8.64 Acres
Roof Type: Composition
Stories: 1.0
Year Built: 2008
Feature Descriptions
Days on Site: 86
Exterior: Frame, Metal Siding
Flood Plain: No
Management: Off-Site Mgmt
Parking: Garage
Parking Notes: Garage
Sewer: Public Sewer
Unit: 2 Bedroom,3 Bedroom
Units: 50
Utilities: Ind Water Heaters, Separate Meters
Water: Public
Local Schools
School District: Independence
Listed By / Shown
Listed By
Agency Name: Peak Real Estate Partners, LLC
Agency Phone: 913-221-3590
Shown By
Agent Name: Waylon Martin
Agent Phone: (417) 410-5964
Agency Title: Trophy Properties and Auction
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
4880 Queen Ridge Avenue | MLS# 2637853
This multi-family property located at 4880 Queen Ridge Avenue, Independence, MO 64136 is currently listed for sale with an asking price of call for price. Queen Ridge Avenue is located within the Independence school district. Search Independence real estate on wmartin.trophypa.com today.