10802 Cambridge Ave Kansas City, MO 64134
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 10802 Cambridge Ave
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a stabilized, 15-unit single-family rental portfolio located in Kansas City, Missouri. Priced at $1,699,000, this Class B property boasts a strong 8.86% cap rate and a current NOI of $150,468, reflecting a 95% occupancy rate. Each unit commands an average price of $113,267, and includes one parking space. The portfolio comprises 15 single-family residences, with one being a half-duplex. Properties are situated throughout Kansas City and surrounding areas, offering geographic diversification. The portfolio is zoned residential and presents immediate cash flow with potential for future appreciation and value-add opportunities through rent increases. Seller financing is not available. The seller may consider splitting the package. The property is offered as an ideal 1031 exchange opportunity for investors seeking a profitable, stabilized multifamily investment in a growing market. Showings and inspections are available after contract negotiation. Please note that most photos are current, and tenants should not be contacted or disturbed. The property is located at 10802 Cambridge Ave, Kansas City, MO 64134.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Jackson
- State
- Missouri
- Longitude
- -94.5098664
- Latitude
- 38.9263309