Multifamily
New
For Sale
$345,000
18800 S Lakeside Dr, Belton, MO 64012
A 1995-built residential income property with 2,121 square feet of reported area.
Property Size2,121 SF
Price / SF$162.66
Days on Market2
Property Features for 18800 S Lakeside Dr
General Information
Standard status
Active
Size
2,121 SF
Property subtype
Multi-Family
Building Details
Year Built
1995
Listing Agency:
RE/MAX Innovations
(816) 945-0671
Listed By:
Van Noy Real Estate
(913) 349-7580
Source:
Kchomelistings
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 28 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Innovations
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property was built in 1995 and contains 2,121 square feet. The reported area is based on county records.
Key Highlights
- 2,121 square feet per county record
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,238
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,760
$324.8K
Cap Rate 7%
$231,971
$232.0K
Cap Rate 9%
$180,422
$180.4K
Market Conditions
NOI Build-Up for 2,121 SF
Gross rent
$30.0K $14.16/SF
− Vacancy
−$511 −$0.24/SF
EGI
$29.5K $13.92/SF
− OpEx
−$13.3K −$6.26/SF
NOI
$16.2K $7.66/SF
Area
Cass County, MO
Vacancy
1.70%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,760
Cap Rate 7%
$231,971
Cap Rate 9%
$180,422
Alternative Uses
Best Use
Apartment 5plus
$232.0K
$203.0K – $270.6K
NOI $16,238 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$478.2K
$418.4K – $557.9K
NOI $33,474 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 64012, MO
28,364
Population
12,722
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
47.2 sq mi
ZIP Area
601
Density / Sq Mi
$71,782
Median Household Income
$43,122
Median Earnings
$1,232
Median Rent
$200,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - A 1995-built residential income property with 2,121 square feet of reported area.
Where is this multifamily property located?
The property is located at 18800 S Lakeside Dr Belton, MO.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2,121 square feet per county record; Built in 1995
