9930 E 36th St S

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9930 E 36th St S

independence, MO 64052
Asking Price
$1.90M
Asset Type
Multifamily
Class
Class B

What's Special

9930 E 36th St S is located in Independence, Missouri, situated near the intersection of Highway 291 and Interstate 70. This location provides direct regional connectivity to the greater Kansas City metropolitan area. The surrounding neighborhood is primarily suburban, characterized by a mix of established residential communities and commercial corridors. Residents have access to various amenities within a two-mile radius, including the Independence Center shopping mall, multiple grocery chains, and local dining options. Public transit stops are available nearby along major thoroughfares, facilitating travel for those without private vehicles. As a multifamily asset, this property is suited for rental housing ranging from workforce units to market-rate apartments. The proximity to major highway interchanges and commercial hubs makes it an ideal location for commuters working in Independence, Blue Springs, or downtown Kansas City. Typical tenants likely include middle-income professionals, small families, or individuals seeking proximity to the area's retail and service-sector employment centers. The property’s position within a stable residential district supports long-term residential use and steady demand for local housing options.

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96

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