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Chip Glennon

Owner/President

  • Cell 816-628-6060
Questions?

1162 E 75th Terrace, Kansas City, Missouri – $2,400,000

  • $2.4M Price
  • $2.4M Price

1162 E 75th Terrace

Opportunity for investors to purchase a stabilized package of 31 SFR homes, 1 duplex + 1 lot. Significant cash flow, 98% historical occupancy, and a long-term rent roster. Strategic location w/ all properties in close proximity of each other. Well-maintained by owner/manager. Leases are month-to-month. 8.22% cap rate with the bonus of an equity play opportunity as neighborhood development continues. Do not approach tenants or properties. Call LA for information. LOI and POF required for showings.

Essential Information

  • MLS® #2169018
  • Price$2,400,000
  • Acres0.00
  • TypeMulti-Family
  • Sub-TypePackage of Properties
  • StatusPending

Community Information

  • Address1162 E 75th Terrace
  • Area202
  • SubdivisionMarlborough Heights
  • CityKansas City
  • CountyJackson
  • StateMissouri
  • Zip Code64131

Amenities

  • ParkingOff-Street, On Street, Garage
  • # of Garages1

Utilities

Ind Heat And Air, Ind Water Heaters, Separate Meters

Interior

  • HeatingCentral Gas
  • CoolingCentral Electric

Exterior

  • RoofComposition, Tile
  • ConstructionFrame, Other

School Information

  • DistrictKansas City Mo

Listing Details

  • OfficeWardell & Holmes Real Estate
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Price Change History for 1162 E 75th Terrace, Kansas City, Missouri (MLS® #2169018)

Date Details Change
Status Changed from Active to Pending

Wardell & Holmes Real Estate.

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Listing information last updated on September 16th, 2019 at 9:20pm CDT.