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