3340 The Paseo

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3340 The Paseo

KCMO, MO 64109
Asking Price
$750K
Asset Type
Student Housing Multifamily
Class
Class B

What's Special

Income potential property configured as a triplex plus a lower-level apartment! <p><span style="color: rgba(73, 73, 73, 1)">Opportunities like this don't come around often. This historic Paseo Boulevard property has already completed the phase of renovation most investors dread: the infrastructure. Electrical, plumbing, mechanicals, and major systems have been updated, allowing the next owner to focus on bringing the vision to life. Even better, materials needed to complete the first and second floors are already on site and included. Designed for flexibility and income pot

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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