9930 E 36th St S - Apartments FOR SALE


Independence, MO 64052- Pitcher
$1,900,000 USD
816-728-3663
9930 E 36th St S, Independence, MO for Sale
$1,900,000 USD
Apartments - FOR SALE
1/22
null | 8.8% Cap Rate

9930 E 36th St S
Independence, MO 64052
Pitcher


HIGHLIGHTS

  • Offered at ~8.8% In-Place CAP with 11%+ Stabilized Upside

OVERVIEW

This property presents a compelling opportunity to acquire a well-positioned multifamily asset with strong income potential. Comprised of multiple units, the property offers immediate cash flow with additional upside through strategic improvements and operational efficiencies. One of its most attractive features is the unit mix and overall scale, allowing investors to benefit from diversified rental income across multiple tenants. The layout supports practical living spaces that appeal to a broad tenant base, helping to maintain consistent occupancy. The property sits in a convenient location with access to major highways, employment corridors, and local amenities, making it attractive for renters seeking both accessibility and affordability. Additional highlights include separate utilities (if applicable), ample parking, and solid building structure, giving investors a strong foundation to enhance value over time. For those looking to implement a value-add strategy, there is clear potential to increase rents, improve unit interiors, and optimize property management. Whether you’re expanding your portfolio or entering the multifamily space, this asset offers a balance of current income and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

20

PRICE/UNIT

$95,000

CAP RATE

8.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,853 SF

ZONING

-

APN/PARCEL ID

32-210-05-17-00-0-00-000

ASK ABOUT THIS PROPERTY

Stacie GreenKeller Williams Realty PartnersMore Info
816-728-3663

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Stacie GreenKeller Williams Realty PartnersMore Info
816-728-3663

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