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    OFF-MARKET
    Small apartment buildings

    4309 Holly St, Kansas City, MO 64111

    Individually Owned 6-yr Hold
    Property ID
    US48-0937014
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 4,450 square foot lot located at 4309 Holly Street in Kansas City, Missouri, zip code 64111. The property is zoned to allow for multifamily development and is being sold with approved city plans for a three-plex building. These plans mirror the design of an existing four-plex located at the adjacent address, 4315 Holly Street (MLS listing 2496993). The lot's size provides ample space for the construction of the planned three-plex, offering significant potential for rental income. The asking price for this property is $225,000. This represents a compelling opportunity for developers seeking to capitalize on the strong rental market in Kansas City. The property's location in Jackson County offers convenient access to local amenities and transportation networks. Note that this listing is for the land at 4309 Holly Street only

    Property profile
    Verified
    Property type Small apartment buildings
    UPID US48-0937014
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Alex Hammouri · 6 yrs held
    Alex Hammouri
    since 2020
    2 recorded transactions
    2021
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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