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The Linden Townhomes 1707 E 97th St 28 Unit Apartment Building $5,746,860 CAD ($205,245 CAD/Unit) 7.50% Cap Rate Kansas City, MO 64131
Investment Highlights
- Strong occupancy with long-term tenants providing immediate, stable income
- Desirable 3 bed 2 bath layouts attract consistent renter demand
- Located near major employment, retail, schools, and transit corridors
- Below-market rents create a clear value-add path through strategic increases
- Updated interiors and low-maintenance exteriors support operational efficiency
- Efficient floorplans and uniform unit mix streamline management and upkeep
Executive Summary
Don't miss this exceptional opportunity to acquire a package of 28 townhomes located in South Kansas City, offering stable in place cash flow with clear upside potential. Each unit features 3 bedrooms and 2 bathrooms, making this a highly desirable unit mix that continues to attract long-term tenants at higher rent rates than 2 and 1 bedroom mixes. Some of the units also come with 2 separate living areas. The size and layout of these townhomes keep them in high demand.
While the portfolio is well occupied with stable tenancy, some of the units have longterm tenants with below-market rents present a compelling value-add opportunity through rent increases as leases turn. The consistent floor plans allow for efficient management and streamlined maintenance.
While the portfolio is well occupied with stable tenancy, some of the units have longterm tenants with below-market rents present a compelling value-add opportunity through rent increases as leases turn. The consistent floor plans allow for efficient management and streamlined maintenance.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,746,860 CAD | Apartment Style | Townhome |
| Price Per Unit | $205,245 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 19.58 AC |
| Cap Rate | 7.50% | Building Size | 42,000 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| No. Units | 28 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment |
| Price | $5,746,860 CAD |
| Price Per Unit | $205,245 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 19.58 AC |
| Building Size | 42,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 28 | - | 1,512 |
Property Taxes
| Parcel Numbers | Total Assessment | $16 CAD (2025) | |
| Land Assessment | $16 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$16 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$16 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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The Linden Townhomes | 1707 E 97th St
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