2415 - 2429 Brighton Avenue - Brighton Place Apartments, Kansas City, MO

The Offering: The property was built in 1969 by a non-profit and has been owned and operated by them using third party management since new. This well managed, well maintained property remains virtually 100% occupied. The property is currently financed under the HUD-236 program that has been approved by HUD for payoff at closing. There are 100% property-based Section 8 vouchers that remain with the property. There is a community room available for residents and laundry facilities in each building.

The property consists of 32 rented units in three 12 unit buildings; one one-bedroom unit in each building is used for a laundry room and one building has a community room. The buildings are 2 ½ story wood-frame structures on poured concrete basement walls. The siding is tinted stucco panels and the roofs are pitched with composition shingles. There is ample, asphalt off-street parking near each building. Each apartment has all appliances, individual furnace and thermostat and is equipped with central air conditioning.

Sale Notes:
The property is currently owned by an non-profit, and is not taxed.

It is currently used for low income housing