10802 Cambridge AveKansas City, MO 64134

For Sale
$1,699,000
15-Unit SFR Package, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a stabilized, 15-unit single-family rental portfolio located in Kansas City, Missouri. Priced at $1,699,000, this Class B property boasts a strong 8.86% cap rate and a current NOI of $150,468, reflecting a 95% occupancy rate. Each unit commands an average price of $113,267, and includes one parking space. The portfolio comprises 15 single-family residences, with one being a half-duplex. Properties are situated throughout Kansas City and surrounding areas, offering geographic diversification. The portfolio is zoned residential and presents immediate cash flow with potential for future appreciation and value-add opportunities through rent increases. Seller financing is not available. The seller may consider splitting the package. The property is offered as an ideal 1031 exchange opportunity for investors seeking a profitable, stabilized multifamily investment in a growing market. Showings and inspections are available after contract negotiation. Please note that most photos are current, and tenants should not be contacted or disturbed. The property is located at 10802 Cambridge Ave, Kansas City, MO 64134.

Highlights

  • 15-unit single-family rental portfolio in Kansas City, MO, priced at $1,699,000.
  • 8.86% cap rate and $150,468 current NOI with 95% occupancy.
  • Average unit price: $113,267, each with one parking space; includes one half-duplex.
  • Geographically diversified portfolio in Kansas City and surrounding areas; zoned residential.
  • Offers immediate cash flow, potential for appreciation, and value-add opportunities. Seller financing unavailable; potential for package splitting.
  • Ideal 1031 exchange opportunity. Showings and inspections after contract negotiation.

Property Details for 10802 Cambridge Ave

Property type
Residential income homes
Class
B
Units
15

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
38.9263309
Longitude
-94.5098664
10802 Cambridge Ave, Kansas City, Missouri

FAQs

What type of property is this?
Residential income home - 15-Unit SFR Package, High Occupancy
Where is the residential income home located?
The property is located at 10802 Cambridge Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 15-unit single-family rental portfolio in Kansas City, MO, priced at $1,699,000.; 8.86% cap rate and $150,468 current NOI with 95% occupancy.; Average unit price: $113,267, each with one parking space; includes one half-duplex.
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10802 Cambridge Ave
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