FOURPLEX IN NORTHLAND KCMO · 2019-10-30 · fourplex in northland kcmo 6444 nw 70th st, kansas...

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FOURPLEX IN NORTHLAND KCMO FOURPLEX IN NORTHLAND KCMO 6444 NW 70TH ST, KANSAS CITY, MO 64151 AUDREY NAVARRO MANAGING PARTNER 816.774.4250 [email protected] CLEMONS REAL ESTATE, LLC 3543 BROADWAY BLVD. 816.774.4250 CLEMONSLIFE.COM FOR SALE

Transcript of FOURPLEX IN NORTHLAND KCMO · 2019-10-30 · fourplex in northland kcmo 6444 nw 70th st, kansas...

Page 1: FOURPLEX IN NORTHLAND KCMO · 2019-10-30 · fourplex in northland kcmo 6444 nw 70th st, kansas city, mo 64151 audrey navarro managing partner 816.774.4250 audrey@clemonsrealestate.com

FOURPLEX IN NORTHLAND KCMOFOURPLEX IN NORTHLAND KCMO6 4 4 4 N W 7 0 T H S T , K A N S A S C I T Y , M O 6 4 1 5 1

AUDREY NAVARROM A N A G I N G P A R T N E [email protected]

CLEMONS REAL ESTATE, LLC 3543 BROADWAY BLVD. 816.774.4250 CLEMONSLIFE.COM

F O R S A L E

Page 2: FOURPLEX IN NORTHLAND KCMO · 2019-10-30 · fourplex in northland kcmo 6444 nw 70th st, kansas city, mo 64151 audrey navarro managing partner 816.774.4250 audrey@clemonsrealestate.com

CLEM

ONS

REAL

EST

ATE,

LLC

3543

BRO

ADW

AY B

LVD.

816.

774.

4250

CLE

MO

NSL

IFE.

CO

M

AUDREY NAVARROM A N A G I N G P A R T N E [email protected]

F O R S A L E

OFFERING SUMMARYSale Price: $450,000

Price Per Unit: $112,500

Unit Count 4

Year Built: 1990

Parking: 2 Car Garage

Fourplex in the Northland Suburban MSA of Kansas City with close access to major highways. This property is within 10minutes of KCI Airport, 15 minutes of Downtown Kansas City and has new high-end entertainment redevelopment withina quarter of a mile coming soon.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS• 2 BR 2.5 BA with 2 car garage

• In place income projects at 7.35% Cap Rate

• Value add strategy by raising rent to market rate projects to 8.2% Cap Rate

• NO HOA FEES

• Quiet Suburban Neighborhood

• Park Nearby

• Park Hill School District

• Roof replaced in 2017

• 6 Closets per Unit

• Washer/Dryer Hook Ups

FOURPLEX IN NORTHLAND KCMOFOURPLEX IN NORTHLAND KCMO6 4 4 4 N W 7 0 T H S T , K A N S A S C I T Y , M O 6 4 1 5 1

Page 3: FOURPLEX IN NORTHLAND KCMO · 2019-10-30 · fourplex in northland kcmo 6444 nw 70th st, kansas city, mo 64151 audrey navarro managing partner 816.774.4250 audrey@clemonsrealestate.com

CLEM

ONS

REAL

EST

ATE,

LLC

3543

BRO

ADW

AY B

LVD.

816.

774.

4250

CLE

MO

NSL

IFE.

CO

M

AUDREY NAVARROM A N A G I N G P A R T N E [email protected]

F O R S A L E

PROFORMA | UPON STABILIZATIONPROFORMA | UPON STABILIZATION6 4 4 4 N W 7 0 T H S T , K A N S A S C I T Y , M O 6 4 1 5 1

Page 4: FOURPLEX IN NORTHLAND KCMO · 2019-10-30 · fourplex in northland kcmo 6444 nw 70th st, kansas city, mo 64151 audrey navarro managing partner 816.774.4250 audrey@clemonsrealestate.com

CLEM

ONS

REAL

EST

ATE,

LLC

3543

BRO

ADW

AY B

LVD.

816.

774.

4250

CLE

MO

NSL

IFE.

CO

M

AUDREY NAVARROM A N A G I N G P A R T N E [email protected]

F O R S A L E

PROFORMA | IN-PLACE INCOMEPROFORMA | IN-PLACE INCOMEK A N S A S C I T Y , M O 6 4 1 5 1

Page 5: FOURPLEX IN NORTHLAND KCMO · 2019-10-30 · fourplex in northland kcmo 6444 nw 70th st, kansas city, mo 64151 audrey navarro managing partner 816.774.4250 audrey@clemonsrealestate.com

CLEM

ONS

REAL

EST

ATE,

LLC

3543

BRO

ADW

AY B

LVD.

816.

774.

4250

CLE

MO

NSL

IFE.

CO

M

AUDREY NAVARROM A N A G I N G P A R T N E [email protected]

F O R S A L E

6444 NW 70TH STREET6444 NW 70TH STREETK A N S A S C I T Y , M O 6 4 1 5 1

Page 6: FOURPLEX IN NORTHLAND KCMO · 2019-10-30 · fourplex in northland kcmo 6444 nw 70th st, kansas city, mo 64151 audrey navarro managing partner 816.774.4250 audrey@clemonsrealestate.com

CLEM

ONS

REAL

EST

ATE,

LLC

3543

BRO

ADW

AY B

LVD.

816.

774.

4250

CLE

MO

NSL

IFE.

CO

M

AUDREY NAVARROM A N A G I N G P A R T N E [email protected]

F O R S A L E

POPULATION 1 MILE 3 MILES 5 MILESTotal population 6,401 48,743 94,502

Median age 38.5 37.5 36.7

Median age (Male) 36.7 36.3 35.8

Median age (Female) 40.1 38.4 37.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTotal households 2,566 20,103 39,237

# of persons per HH 2.5 2.4 2.4

Average HH income $87,463 $82,194 $77,895

Average house value $249,949 $230,960 $216,328

* Demographic data derived from 2010 US Census

FOURPLEX IN NORTHLAND KCMOFOURPLEX IN NORTHLAND KCMO6 4 4 4 N W 7 0 T H S T , K A N S A S C I T Y , M O 6 4 1 5 1