2509 NW Chipman Rd - Apartments FOR SALE


Lee's Summit, MO 64081
$4,500,000 USD
417-389-6638
2509 NW Chipman Rd, Lee's Summit, MO for Sale
$4,500,000 USD
Apartments - FOR SALE
1/1
null | 6.5% Cap Rate

2509 NW Chipman Rd
Lee's Summit, MO 64081


HIGHLIGHTS

  • Top 10 School District in MO
  • 100% In Place Occupancy
  • All Windows and Roofs Replaced
  • Unit Renovation Value-Add

OVERVIEW

Zeal Property Advisors, LLC is pleased to present the exclusive offering of Westvale Duplexes (“The Property”), a 40-unit duplex community located in Lees Summit, Missouri. The Property is an ideal value-add opportunity located within one of the top submarkets in Missouri. Prospective investors have the opportunity to acquire an asset supportive of unit renovations at a premium finish level with windows and roofs having already been replaced within the last 10-years.The Property is offered as a fee simple sale and presents prospective investors with the ability to acquire an asset located within one of the largest and fastest growing cities in the state over the last decade. Prospective investors may also consider the individual sale of duplexes as a viable exit strategy. The Property is offered free and clear of existing debt. For more information on offering procedures or to schedule a tour, please contact Keiten Nuspl.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$119 USD /SF

# OF UNITS

40

PRICE/UNIT

$112,500

CAP RATE

6.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westvale Duplex Portfolio

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.43 AC

LAND SF

236,531 SF

ZONING

RP-2

APN/PARCEL ID

62-220-02-03-00-0-00-000

ASK ABOUT THIS PROPERTY

Austin PaulZeal Property Advisors LLCMore Info
417-389-6638

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Austin PaulZeal Property Advisors LLCMore Info
417-389-6638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.