Multifamily
For Sale
$295,000
3504 NW 93rd St, Kansas City, MO 64154
Constructed in 2019 for contemporary multifamily use.
Property Size1,304 SF
Price / SF$226.23
Days on Market76
Property Features for 3504 NW 93rd St
General Information
Standard status
Active
Size
1,304 SF
Property subtype
Multi-Family
Additional Details
Asking Price
$305,000
Building Details
Year Built
2019
Listing Agency:
Your Future Address, LLC
(913) 220-3260
Listed By:
Van Noy Real Estate
(913) 349-7580
Source:
Kchomelistings
Added: Aug 3
Changed: Oct 16
Last Checked: Oct 16 at 8:24AM
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 Your Future Address, LLC
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Investment Insights
Based on property information with market context.
Located at 3504 NW 93rd St in Kansas City, Missouri, this multifamily property offers 1,304 of property size and was constructed in 2019. The asset is positioned within an established Kansas City address and is offered for sale.
Key Highlights
- Multifamily property at 3504 NW 93rd St, Kansas City, MO 64154
- Constructed in 2019
- Property size: 1304
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,002
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,040
$280.0K
Cap Rate 7%
$200,029
$200.0K
Cap Rate 9%
$155,578
$155.6K
Market Conditions
NOI Build-Up for 1,304 SF
Gross rent
$27.2K $20.88/SF
− Vacancy
−$1.8K −$1.36/SF
EGI
$25.5K $19.52/SF
− OpEx
−$11.5K −$8.79/SF
NOI
$14.0K $10.74/SF
Area
Kansas City, MO
Vacancy
6.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,040
Cap Rate 7%
$200,029
Cap Rate 9%
$155,578
Alternative Uses
Best Use
Apartment 5plus
$200.0K
$175.0K – $233.4K
NOI $14,002 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$310.6K
$271.8K – $362.4K
NOI $21,742 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 64154, MO
12,986
Population
6,343
Households
2
Avg Household Size
37
Median Age
50%
College-Educated
97%
High-School Grad
12.9 sq mi
ZIP Area
1,007
Density / Sq Mi
$92,686
Median Household Income
$51,870
Median Earnings
$1,384
Median Rent
$351,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Constructed in 2019 for contemporary multifamily use.
Where is this multifamily property located?
The property is located at 3504 NW 93rd St Kansas City, MO.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Multifamily property at 3504 NW 93rd St, Kansas City, MO 64154; Constructed in 2019; Property size: 1304
