Kansas City Properties
Why invest in Kansas City?
- Largest City in Missouri.
- Population Metro KC: 2,176,440 and has grown 9.88% since 2010 (source: World Population Review).
- Significant economic growth: Cerner Corporation and Warren Buffet’s BNSF Rail investing $5+billion and attracting 15,000+ new employees.
- KC exceeds the national average of renters to owners – 45% vs the national average of 36%.
- KC’s unemployment rate is 4.6% vs the national rate of 4.7% (pre-pandemic data).
- KC job growth increasing at 1.5% per year.
- Average annual home price appreciation is 4.3%.
- Missouri has the fourth-lowest cost of living index in the US. The housing cost index is the second-lowest in the US (source: World Population Review).
- Home to the World Champion NFL KC Chiefs football team and former World Champion MLB KC Royals baseball team.
- World renowned for its BBQ and Steaks, direct from the Kansas City Stockyards.
for sale
E Elm St, Independence MO 64050 - THREE DUPLEXES
TWO x 2-Beds/1-bath each / Sq Ft: 1,176
- Asset Cost: $146,000
- Reno Cost: $0
- Total Cost: $146,000
- Rent: $1,600 / month
- Cap Rate: 8.8%
Comps*/ARV $172,000
* Comps are not a guarantee, but an estimate of after repair value (ARV).
For Sale
East 68th St, KC, MO 64132
Bedrooms: 3 / Baths: 2 / Sq Ft: 1089
- Asset Cost: $89,500
- Reno Cost: $8,000
- Total Cost: $97,500
- Rent: $975 / month
- Cap Rate: 7.9%
Comps*/ARV $114,700
* Comps are not a guarantee, but an estimate of after repair value (ARV)
for sale
S Lee's Summit Rd, Independence MO 64050 - THREE DUPLEXES
TWO x 2-Beds/1-bath each / Sq Ft: 1,176
- Asset Cost: $146,000
- Reno Cost: $0
- Total Cost: $146,000
- Rent: $1,600 / month
- Cap Rate: 8.8%
Comps*/ARV $172,000
* Comps are not a guarantee, but an estimate of after repair value (ARV).
sold
N 10th St, St Joseph MO 64501
two 2-Bedrooms / 1-Bath units / 1269 sq ft per unit
- Asset Cost: $80,000
- Reno Cost: $55,000
- Total Cost: $135,000
- Rent: $1,400 / month
- Cap Rate: 8.76%
Comps*/ARV $160,000
* Comps are not a guarantee, but an estimate of after repair value (ARV)8
Sold
S Crysler, Independence MO 64055
Bedrooms: 3 / Baths: 2 / Sq Ft: 1200
- Asset Cost: $79,500
- Reno Cost: $35,000
- Total Cost: $114,500
- Rent: $1,200 / month
- Cap Rate: 8.5%
Comps*/ARV $150,000
* Comps are not a guarantee, but an estimate of after repair value (ARV).
SOLD
N 25th St, St Joseph MO 64506
three 2-Bedrooms / 1-Bath units / Totaling 3,700 sq ft
- Asset Cost: $170,000
- Reno Cost: $65,000
- Total Cost: $235,000
- Rent: $2,500 / month
- Cap Rate: 9.14%
Comps*/ARV $272,000
* Comps are not a guarantee, but an estimate of after repair value (ARV)17