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Roberts Apartments 3502 Roberts Ave 14 Unit Apartment Building $405,763 CAD ($28,983 CAD/Unit) Kansas City, MO 64124
Investment Highlights
- Formerly Renovated Interiors
- Deep value add
- New TPO Roof
Executive Summary
This 14-unit solid brick building is a deep value add project. The building is 100% vacant and the electrical, plumbing, and furnaces have been stripped out of the building by squatters. This building is a good opportunity for an operator with a lot of experience in challenging neighborhoods and a strong operational presence.
The property is 100% 1 Bed / 1 Bath units that were formerly renovated, although they may be damaged now. This one is going to take a lot of work but once done it is a great match for voucher tenants. The building is submetered for electric with the landlord paying for water, gas, and trash.
The property is 100% 1 Bed / 1 Bath units that were formerly renovated, although they may be damaged now. This one is going to take a lot of work but once done it is a great match for voucher tenants. The building is submetered for electric with the landlord paying for water, gas, and trash.
Property Facts
| Price | $405,763 CAD | Lot Size | 0.20 AC |
| Price Per Unit | $28,983 CAD | Building Size | 8,982 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Parking Ratio | 0.56/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R2 | ||
| Price | $405,763 CAD |
| Price Per Unit | $28,983 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,982 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1926 |
| Parking Ratio | 0.56/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 13-940-34-11-00-0-00-000 | Improvements Assessment | $65,838 CAD |
| Land Assessment | $11,282 CAD | Total Assessment | $77,120 CAD |
Property Taxes
Parcel Number
13-940-34-11-00-0-00-000
Land Assessment
$11,282 CAD
Improvements Assessment
$65,838 CAD
Total Assessment
$77,120 CAD
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Roberts Apartments | 3502 Roberts Ave
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