424-444 Long Path CtGoddard, KS 67052

Property Details for 424-444 Long Path Ct

Year built

2024

Property size (Sq ft)

11,008 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of eight units across four newly constructed duplex buildings situated in the desirable Trails End neighborhood of Goddard, Kansas. Built in 2024, these Class A properties boast a total of 11,008 square feet of net rentable space, with each unit offering 1,376 square feet of comfortable living. The floor plans feature four bedrooms, two bathrooms, and a two-car attached garage. High-end finishes include 9-foot ceilings, quartz countertops, and luxury vinyl plank flooring. Kitchens are equipped with ample cabinetry, an eating bar, and a large walk-in pantry. Each unit also includes a screened-in patio. The properties are located on a quiet cul-de-sac within a community that offers a pool, playground, storm shelter, and ponds, with convenient access to the Prairie Sunset bike/walk path. The HOA manages lawn care and sprinkler systems, minimizing maintenance responsibilities. Currently, units rent for $1,800-$1,850 per month. The asking price is $1,540,000, representing a price per unit of $192,500 and a price per square foot of $139.90. The property's current NOI is $43,200, with a pro-forma NOI of $26,700 and a cap rate of 7%. The permitted zoning is MF duplex. The lot size is 8,712 square feet. The properties benefit from Goddard's excellent schools and rapidly growing commercial sector. This is a low-maintenance, high-demand investment with significant potential for future appreciation. The seller will consider selling individual duplexes or twin homes. First-year expenses are projected to be minimal due to new construction warranties. Occupancy is anticipated by July 31, 2024.

Location Insight

City

Goddard

County

usa

State

Kansas

Latitude

37.6707

Longitude

-97.5897

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].