1000 W Linden Ave

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1000 W Linden Ave

Independence, MO 64052
Asking Price
$245K
Cap Rate
0.87%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Independence, Missouri.
  • Property is currently offered for sale at $244,900.
  • The investment carries an established cap rate of 0.87%.
  • Asset positioned in the growing Kansas City metropolitan area.
  • Site address located specifically at 1000 W Linden Ave.

What's Special

Independence serves as a key residential hub within the Kansas City metropolitan area, characterized by its steady growth and proximity to regional economic centers. This multifamily apartment building, situated at 1000 W Linden Ave, provides a stable asset for investors looking to establish or expand a portfolio in the Missouri market. The property benefits from the community's established infrastructure and convenient access to the surrounding regional transportation network. Given the consistent demand for residential units across Independence, this asset is well-positioned to serve long-term housing needs for local residents. The building represents a fundamental investment vehicle for those focused on income-producing residential real estate in a suburban setting. Its location ensures connectivity to broader employment corridors while maintaining the accessibility expected of a professional multi-family investment.

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NOI
$80,000
Cap Rate
32.67%
DSCR
5.50
Strong
Cash-on-Cash
89.10%
Monthly Payment
$1,211.632
Annual Cash Flow
$65,460.421

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