Two 4-family townhomes for sale in Kansas City North (Missouri)

[Brock Thomas]

Two 4-plex buildings for sale in a great location in the middle of rapid development close to the airport.  Both were constructed in 2006.  Two 3 bed, 2.5 bath 1 car garage and two 2 bed 2.5 bath 1 car garage in each building.  One property has an unfinished walkout basement while the other is slab on grade.  This is part of a development that has onsite professional management, clubhouse, pool and exterior maintanence provided.

9121-7 N Dalton- 2017 Gross Income $59,200, gross expenses $21,058, NET INCOME $38,142 ($615,000)

9130-36 N Helena- 2017 Gross Income $49,495, gross expenses $20,379, NET INCOME $29,116 ($575,000)

Last year each building lost a couple long term tenants therefore lost some rents due to make ready timelines and increased expenses.  Rents have been increased and both buildings are 100% occupied.  This is a great location with top rated Park Hill School District.