417-389-6638
2700-2718 E 29th St, Kansas City, MO for Sale
Apartments - FOR SALE
1/4
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2700-2718 E 29th St
Kansas City, MO 64128
Santa Fe


HIGHLIGHTS

  • 100% Tax Abatement
  • Assumable 4.33% Full Term I/O Fannie Mae Loan
  • New Roofs, Windows, Exterior, Breaker Boxes, Common Areas
  • Ability to Add Utility Billback Program
  • $200 Market Rent Premium With Light Unit Renovation

OVERVIEW

Zeal Property Advisors, LLC is pleased to present the exclusive offering of Chase and Cole Apartments (“The Property”), a 48-unit apartment community situated just east of Crown Center in Kansas City, Missouri. The Property is an ideal value-add opportunity with a majority of the “heavy lift” renovations having already been completed. Prospective investors have the opportunity to acquire an asset with little to no deferred maintenance and ability to add value through the increase of rents to full market and implement a utility billback program. The Property is offered as a fee simple sale and presents prospective investors with the ability to assume a 4.33%, full term I/O, non-recourse loan providing ample refinance runway as rates are projected to reduce through the next 18 months. Free and clear offers will also be considered. For more information on offering procedures or to schedule a tour, please contact Keiten Nuspl

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

48

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase and Cole Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

R4

APN/PARCEL ID

28-920-10-26-00-0-00-000

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.