4025 Springfield Street

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4025 Springfield Street

Kansas City, KS 66103
Asking Price
$1.35M
Cap Rate
8%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Kansas City
  • Asset listed with an asking price of 1,350,000 dollars
  • The property currently holds an 8 percent capitalization rate
  • Located at 4025 Springfield Street in the 66103 area
  • Well positioned for long-term residential rental income generation

What's Special

Investors seeking to expand their residential portfolios in Kansas City will find this multifamily asset a functional addition to their holdings. Located in the 66103 zip code, the apartment building serves the growing housing demand within this established urban submarket. The property benefits from the broader economic stability of the Kansas City metropolitan area, which continues to draw residents due to its diverse employment base and accessibility to regional transit corridors. Given its structure and layout, this asset is well-suited for long-term rental income strategies focused on attracting consistent occupancy within the local Kansas City market. Positioned on Springfield Street, the building provides proximity to neighborhood services and essential infrastructure. The site remains a practical choice for those evaluating income-producing opportunities in a market characterized by steady tenant demand. Its current configuration allows for continued operation as an apartment complex, supporting an investment strategy centered on sustainable rental yields.

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NOI
$80,000
Cap Rate
5.93%
DSCR
1.00
Underwater
Cash-on-Cash
-0.04%
Monthly Payment
$6,679.063
Annual Cash Flow
$-148.761

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