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9730-9768 Locust Street
Kansas City, MO 64131
Asking Price
$4.25M
Cap Rate
6.5%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 28 Units <p></p><ul><li>Access to major employers located throughout Jackson and Johnson County</li><li>W/D hookups in all units</li><li>Extra storage available in each basement</li><li>Off-street parking for all tenants</li><li>Renovate last 5 units to achieve rental premium</li><li>Great access to local schools and major employers</li><li>Located in quaint, safe, neighborhood</li><li>Proximity to Leawood and Johnson County</li><li>Spacious units that cater to workforce housing families</li></u
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NOI
$80,000
Cap Rate
1.88%
DSCR
0.32
Underwater
Cash-on-Cash
-13.52%
Monthly Payment
$21,026.681
Annual Cash Flow
$-172,320.173
