13411 5th St A Grandview, MO 64030-2982
This exceptional investment opportunity presents a 9-unit apartment building in Grandview, Missouri. The property, built in 1962 and renovated in 2020, boasts 5,500 square feet of net rentable space on a spacious 18,575 square-foot lot. The building features nine one-bedroom units, each with separately metered utilities (gas, electric, and water), minimizing landlord expenses. The property includes nine dedicated parking spaces, shared laundry facilities, and basement storage. Recent capital expenditures included new furnaces and hot water heaters in 2020, along with cosmetic updates to most units. Three units have central cooling
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.