YES!!! TAKE A LOOK AT THIS GREAT LISTING, this one offering a 8.9% stabilized CAP RATE! Orchard Park Apartments is a two-building, garden-style multifamily property located at 9930?9932 E 36th Street S in Independence, Missouri. Built in 1965, the property consists of 20 apartment units across two 2.5-story masonry buildings situated on approximately 0.59 acres. The unit mix includes one- and two-bedroom apartments, many of which have been recently renovated, offering updated interiors while maintaining durable, classic construction. The buildings feature concrete exterior walls, flat roofs with single-ply membrane roofing, and individually metered gas and electric utilities. Tenants benefit from huge paved parking lot, balconies on upper-level units, and convenient access to major highways. Orchard Park Apartments is located near the I-70 and I-435 corridors, providing easy access to employment centers, retail, dining, and downtown Kansas City. The surrounding area is established and stable, making the property well-positioned for continued lease-up and long-term investment performance.This opportunity is well-suited for investors seeking stable income today with value-add potential in a growing Kansas City?area market.
Listed By
Agency Name: Keller Williams Realty Partners Inc.
Agency Phone: 913-906-5400
Shown By
Agent Name: Waylon Martin
Agent Phone: (417) 410-5964
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
9930 E 36th Street | MLS# 2595484
This multi-family property located at 9930 E 36th Street, Independence, MO 64052 is currently listed for sale with an asking price of call for price. E 36th Street is located within the Independence school district. Search Independence real estate on wmartin.trophypa.com today.