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Property profile & analytics
OFF-MARKET
Residential income homes

223 Oak Dr Belton, MO 64012

12,264 SF Built 1972
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of twelve townhome-style units situated in Belton, Missouri's thriving Twin Oaks neighborhood. The property comprises six duplex buildings, each offering either two or three-bedroom units with 1.5 bathrooms. Built in 1972 and extensively renovated in 2022, these units boast approximately 12,264 to 12,500 square feet of combined living space. Eleven of the twelve units have undergone recent high-end upgrades, including new ceiling fans, luxury vinyl plank (LVP) flooring, updated countertops, and modern appliances. Residents enjoy the convenience of in-unit laundry hookups located in the 600 square foot basements, providing ample storage space. Off-street parking is readily available directly in front of each unit. The property benefits from sub-metered utilities, including water and trash, minimizing operational expenses. Located near a major intermodal distribution center, the property enjoys strong rental demand fueled by a robust local employment base. This portfolio offers immediate cash flow with significant upside potential through rent increases and the renovation of the remaining unit. While duplexes may present slightly higher capital expense ratios compared to apartments due to multiple roofs and foundations, the low expense ratios associated with sub-metered utilities offset this. This is a compelling investment opportunity in a rapidly growing market.

Property profile
Verified
Property type Residential income homes
Year built 1972
Total area 12,264 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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