Mix Packet of Four Rented Duplexes, 5-Units Apt. Building + A Store [Kansas City Metro]

$ 900,000.00
Suggsted offer

About this packet has:

  1. Four duplexes (i.e. 8  doors/units)
    1. Simply Do It’s suggested offer per duplex: $160,000
  2. One 5-units apartment building + a storefront
    1. Simply Do It’s suggested offer for the building: $230,000
  3. Asking price for the entire packet: $1,045,000

IMPORTANT

  1. Actual address: call/email/ask us.
  2. Any rental and lease info has not been verified yet – the seller will only be able to provide such info after offer acceptance (we are still trying to get some of the info sooner rather than later)
  3. Priority will be given to investor-buyers that are able to buy multiple properties – One buyer can buy the entire package, or multiple buyers can each buy one and anything in between.

 

  1. 5-unit building
    1. The apts are 2 studios, a 1bd, a 2bd, and a 3bd. 
    2. Is there parking? Yes, there is designated parking right outside the building.
    3. Is there additional space (basement/storage)? There is a full unfinished basement for storage
    4. Any of the duplexes/Apt. – are any sec.8 or other gov. agency program? No
    5. Is the retail part of the building OR a separate title? It is part of the building
  2. Duplexes
    1. Basements: do they have ones? un/finished? There is no basement in the duplexes. The garage level is the lowest level.
    2. All duplexes are: 3/2, Built in 2000

 

 

Financial Info

Duplexes

DuplexJan 21Feb 21Mar 21Apr 21Total Per Unit (Ann.)
201$825$825$825$825$9,900
203$825$825$825$825$9,900
$1,650$1,650$1,650$1,650$19,800
406$895$895$895$9,845
408$825$900$900$8,700
$1,720$0$1,795$1,795$18,545
503$850$850$850$850$9,350
504$895$895$895$895$10,740
$1,745$1,745$1,745$1,745$20,090
505$825$825$825$825$9,900
506$895$895$895$895$10,740
$1,720$1,720$1,720$1,720$20,640
Total$6,835$5,115$6,910$6,910$79,075

 

Duplex Fin Analysis

 

Lease Info
DuplexLease Y/NLease beginsLease endsMo RentIs rent currentSecurity DepositTenant pays*RE Taxes 2020 (estimated)Mo. Insurance (estimated)
201YM2MM2M850yes850H | HW | G | E | W | S$1,440$59
203N07/1806/19825yes825H | HW | G | E | W | S$1,440$59
406Y03/2103/22940yes940H | HW | G | E | W | S$1,440$59
408Y11/2010/21895yes895H | HW | G | E | W | S$1,440$59
503Y09/2010/21850yes850H | HW | G | E | W | S$1,440$59
504Y05/2004/21895yes895H | HW | G | E | W | S$1,440$59
505N03/1803/19825yes825H | HW | G | E | W | S$1,440$59
506N03/1903/20895yes895H | HW | G | E | W | S$1,440$59

*H – Heat, HW – Hot Water, E – Elec., W – Water, S – Sewer, G – Gas

 

Apt. Building

Retail store$725$725$725$725$8,700
Apartments
Apt 1$350$350$350$350$4,300
Apt 2$375$375$375$375$4,475
Apt 3$500$500$500$500$6,000
Apt 4$400$400$400$400$4,000
Apt 5$500$500$500$500$5,500
$2,125$2,125$2,125$2,125$24,275
Total$2,850$2,850$2,850$2,850$32,975

 

Building Analysis

 

Lease Info
RetailLease Y/NLease beginsLease endsMo RentIs rent currentSecurity DepositTenant pays*RE Taxes 2020 (estimated)
Mo. Insurance (estimated)
Retail storemissing(blank)(blank)775yes(blank)H | HW | G | E | W | S
Apartments
Apt 13/21(blank)(blank)375vacant375H | HW | G | E | W | S
Apt 2Y06/2005/21375yes375H | HW | G | E | W | S
Apt 3Y10/2009/21400yes400H | HW | G | E | W | S
Apt 4Y01/2101/22450yes450H | HW | G | E | W | S
Apt 5Y01/2101/22475yes475H | HW | G | E | W | S
$1,349$318

*H – Heat, HW – Hot Water, E – Elec., W – Water, S – Sewer, G – Gas

 

EXPENSES

Jan 21Feb 21Mar 21Apr 21Total Per Expense
Maintenance$192$0$800$340$5,293
Management Fee$877$878$882$882$6,064
Insurance Duplexes
$5,623
Insurance Apartments
$3,818
Property Taxes Duplexes
$10,168
Property Taxes Apts & Retail
$1,349
Total Annual Exp
$1,069$878$1,682$1,222$32,314.88

 

Multi-Property Disclosure

Multi_Family_Property_Disclosure

 

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    FAQ

    • Can I buy with a mortgage?
      • Yes, and we have preferred lenders for you to use if you wish.
    • Do you know the condition of each unit internally?
      • Not yet.
    • Do you have a local property manager we can use?
      • Yes, we sure do.
    • Can I buy cash?
      • Yes, of course.
    • Can I buy more than 1 property?
      • Yes
    • Is there a way for me to buy all and get financing for all of them under 1 mortgage?
      • Generally speaking yes, and we have a lender who may be able to do it.

     

    Disclaimer

    Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.

    The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

    Basic Facts

    Property ID: 1841 Post updated: 2022-02-10 16:50:24 Type: Date added: 04/22/21

    Leasing & Tenant Info

    Occupancy: Occupied

    This style property is located in is currently and has been listed on KaVaDoo. This property is listed at $ 900,000.00. It has bedrooms, bathrooms, and is . The property was built in year.