Description
123-125,131-135 N Lawn Ave is a multi-family offering in the Historic Northeast in Kansas City, MO. It consists of 24 units split between two-twelve unit buildings. The N Lawn Apartments features 6 " 1BRx1BA units and 18 studio units, for a total of 24 units. Even though the units are all one bedrooms or studios, they are all exceptionally large units at +800 SF each. Because of this, there is potential to convert them to twelve, large 2BRx1BA units, or keep them as-is and receive premium rents. The property is completely vacant, giving an investor a complete blank slate to maximize their potential. Full scale renovations are taking place across the street, increasing the value of this property and other nearby properties. The property is located in the rapidly appreciating Historic Northeast, and qualifies for the MOBUCK$ lending program, which could lower the interest rate by 2-3%. N Lawn Ave can be bought individually or in a portfolio consisting of 73 units in total. Do not miss out on this opportunity to enter this high potential area at such a low basis cost.
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0BEDS
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0.35ACRES
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0BATHS
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01/2 BATHS
Description
123-125,131-135 N Lawn Ave is a multi-family offering in the Historic Northeast in Kansas City, MO. It consists of 24 units split between two-twelve unit buildings. The N Lawn Apartments features 6 " 1BRx1BA units and 18 studio units, for a total of 24 units. Even though the units are all one bedrooms or studios, they are all exceptionally large units at +800 SF each. Because of this, there is potential to convert them to twelve, large 2BRx1BA units, or keep them as-is and receive premium rents. The property is completely vacant, giving an investor a complete blank slate to maximize their potential. Full scale renovations are taking place across the street, increasing the value of this property and other nearby properties. The property is located in the rapidly appreciating Historic Northeast, and qualifies for the MOBUCK$ lending program, which could lower the interest rate by 2-3%. N Lawn Ave can be bought individually or in a portfolio consisting of 73 units in total. Do not miss out on this opportunity to enter this high potential area at such a low basis cost.
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