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$4,250,000
-- Bed
- 2 Baths
--sqft
9730 Locust St, Kansas City, MO 64131
$4,250,000
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Apartment
Built in 1984
$-- HOA
2.01 acres lot
--/sqft
Description
The Holmesbrook Townhomes is a 28-unit townhome style community located in the Willow Creek neighborhood of Kansas City, MO. The property has seen over $350,000 in capital improvements throughout the duration of ownership (2022-present) and has received renovations in 23 out of the 28 units. Vast majority of the water heaters and HVAC have been replaced within the last four years leaving only five units in classic condition. This leaves investors with a small value add play to renovate the remaining units and bring rent up to market across the board. The property does have a LURA in place, lasting until 2032, but only 10 of the units are affected by it. However, 4/10 are ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1984
HOA Fees
-
Finished Area
- sqft
Lot Size
2.01 acres lot
Basement Area
- sqft
MLS Name
Heartland MLS
MLS Number
2618362
MLS Status
Active
Days on Market
32
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