3502 Roberts Ave - Apartments FOR SALE


Kansas City, MO 64124- Scarritt Point
$285,000 USD
913-308-0303
3502 Roberts Ave, Kansas City, MO for Sale
$285,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

3502 Roberts Ave
Kansas City, MO 64124
Scarritt Point


HIGHLIGHTS

  • Formerly Renovated Interiors
  • New TPO Roof
  • Deep value add

OVERVIEW

This 14-unit solid brick building is a deep value add project. The building is 100% vacant and the electrical, plumbing, and furnaces have been stripped out of the building by squatters. This building is a good opportunity for an operator with a lot of experience in challenging neighborhoods and a strong operational presence. The property is 100% 1 Bed / 1 Bath units that were formerly renovated, although they may be damaged now. This one is going to take a lot of work but once done it is a great match for voucher tenants. The building is submetered for electric with the landlord paying for water, gas, and trash.

FOR SALE DETAILS

PRICE

$285,000 USD

PRICE/SF

$32 USD /SF

# OF UNITS

14

PRICE/UNIT

$20,357

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roberts Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R2

APN/PARCEL ID

13-940-34-11-00-0-00-000

ASK ABOUT THIS PROPERTY

Michelle LutzLutz Sales + InvestmentsMore Info
913-308-0303

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Michelle LutzLutz Sales + InvestmentsMore Info
913-308-0303

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