This townhouse style multifamily is conveniently located in Kansas City, MO with easy access to highways, shopping & dining. It currently contains Thirty-Seven two-bedroom units. The property currently has a loan with a credit union for 3.847% with 7 years remaning, and the loan is assumable. The property is currently 97% occupied and cashflowing, but mismanaged and under market rents. A savvy operating could bring 33%+ upside almost immediately. Based on market analytics we anticipate the annual NOI to increase from $147k to $217k. Seller is seeking a firm $2.9m which would require approx. $1.3m new cash to close .
4211 Linwood Blvd, Kansas City, MO 64128, USA
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