9 E Ridgewood Circle

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9 E Ridgewood Circle

Linn Valley, KS 66040
Asking Price
$12K
Asset Type
Multifamily
Class
Class B

What's Special

9 E Ridgewood Circle is located within the private gated community of Linn Valley Lakes in Linn Valley, Kansas. Situated approximately 50 miles south of the Kansas City metropolitan area via U.S. Route 69, the neighborhood is characterized by a mix of seasonal and year-round residential properties. The asset is positioned near community-managed amenities, including a private golf course, multiple lakes for recreational fishing and boating, a clubhouse, and outdoor swimming pools. Local essential services and small-scale retail options are accessible within a short driving distance in neighboring Linn County townships. This multifamily property is suited for investors seeking to provide rental housing for regional workers or secondary residences for recreational users. The location serves a tenant profile consisting of local service-industry employees, commuters to the southern Kansas City suburbs, and individuals seeking long-term housing within a resort-style environment. The asset’s proximity to local recreational infrastructure makes it a viable option for those prioritizing quiet, community-oriented living while maintaining highway access to regional employment hubs.

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NOI
$80,000
Cap Rate
666.67%
DSCR
112.29
Strong
Cash-on-Cash
2202.43%
Monthly Payment
$59.369
Annual Cash Flow
$79,287.567

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