Updated over 8 years ago on .
OFF-MARKET DUPLEX-FOURPLEX PORTFOLIO IN KANSAS CITY METRO
OFF-MARKET DUPLEX-FOURPLEX PORTFOLIO IN KANSAS CITY METRO
- $5.4M portfolio of duplexes and fourplexes
- 70 doors
- All built 1997 or later and in top condition
- 95% occupied
- Average rents = $815/door
- Professionally managed
- 9.2% cap rate
- All from one private investor
- Not co-located; properties spread in Missouri/KC metro in Class B neighborhoods.
This portfolio has been carefully compiled by an investor over a 6-year period. Most were bought in foreclosure and completely rehabbed and stabilized. This portfolio is being offered before it hits the MLS at a higher price. As such, any potential buyers should be prepared to pay the off-market price. Seller financing is not available.
This is a great opportunity for a 1031 exchange or an out-of-state investor who is looking for stable, no-hassle income. We can provide an experienced property manager who is knowledgeable about the portfolio and highly qualified to manage it.
All potential buyers must demonstrate proof of ability to close: pre-approval, proof of funds, or proven experience with similar deals. References will be checked. Potential buyers will be pre-screened and must sign a Confidentiality/Non-Circumvent Agreement before property data is shared.