Explore a stable investment opportunity with Carolina Apartments, a 12-unit property featuring large 1-bed/1-bath units, each with an extra office/den for versatile living. Built with durability in mind, the building offers newer windows, electrical service, plumbing, and a 4-year-old TPO roof. All units are fully occupied by veterans through a voucher program, ensuring reliable income. Every unit has central heat and air and it's own gas water heater. Finishes are older but functional, offering room for future cosmetic enhancements. Tenants pay gas and electric with separate meters, while the landlord pays water and trash.
Strategically located in a dynamic Kansas City submarket, this property provides easy access to the entire Kansas City Metro. Carolina Apartments delivers immediate cash flow and value-add potential through future updates as the neighborhood changes, ideal for investors seeking reliable returns in a growing area.