8517 Holmes Rd Kansas City, MO 64131
Value-add multifamily investment in Kansas City with assumable low-interest debt.
Building Details
- Year built
- 1970
Source:
Nmrk
Listing Agent: Christian Roustic
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Santa Fe Village Multifamily Opportunity
Santa Fe Village, constructed in 1970, presents a value-add investment opportunity in Kansas City, Missouri. This Class C, garden-style apartment complex is situated in a stable, high-demand submarket. The property offers potential for increased revenue through unit renovations and improved operational efficiencies, with current in-place rents significantly below market value. A renovation strategy has already been implemented on select units, providing a clear roadmap for continued execution and rent growth. The unit mix includes spacious studio, one-, two-, and three-bedroom floor plans, catering to a broad rental pool. Attractive in-place agency financing is available for assumption at a 3.51% interest rate at a projected 65% LTV.
Location Intelligence
Current Use by Public Records
G5 Athletics KC
Physical Fitness Program
Santa Fe Village ...
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.5796912
- Latitude
- 38.9721715
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FAQs
What type of property is this?
Apartment building - Value-add multifamily investment in Kansas City with assumable low-interest debt.
Where is this apartment building located?
The property is located at 8517 Holmes Rd Kansas City, MO.
What are key features of this property?
This property features: - Assumable low-interest debt at 3.51% interest rate, significantly below current market rates.; - Value-add opportunity through unit renovations and improved operational efficiencies.; - Significant potential to increase revenue through interior upgrades and rent adjustments to market rents.