Looking for 20-100 unit multifamily properties in Kansas City

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Looking for 20-100 unit multifamily properties in Kansas City

Specialist · Springfield, MO (springfield mo) · Member since 2016 · 48 posts · 12 votes

We're looking to acquire between 50-100 units (20-100 unit complexes) in the Kansas City area (or Lawrence, KS) over the next few months. If anyone knows a good broker shoot us a message.

Criteria:

  • B or C properties in B or C areas
    • Ideally some sort of value play (below market rents, deferred maintenance), but cash flow is our first priority
    • No war zones
  • > 10% first year cash on cash
  • > 8% CAP rate

If you've got something we might be interested in or would like to talk about partnering send me a pm:)

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