1306 Wood Ave

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1306 Wood Ave

Kansas City, KS 66104
Asking Price
$350K
Asset Type
Apartment Building Mixed-use
Class
Class B

What's Special

Mixed-Use/Multi-Family Opportunity | 11 Units <p>Total of 11 units (6 residential- second story/ 5 commercial- ground level)</p><p>Refrigerated commercial space — ready for grocery or convenience store use</p><p>Commercial space varies in square footage and has opportunities to merge units for larger businesses</p><p>Additional spaces ideal for barber shop, beauty shop or laundromat</p><p>Airbnb opportunities for apartment income </p><p>Private parking lot included</p><p>Land acquisition opportunity for the entire block on Wood Ave (through

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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