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1707 E 97th St
Kansas City, MO 64131
The Linden Townhomes · Multifamily Property For Sale
·
28 Units
Investment Highlights
- Strong occupancy with long-term tenants providing immediate, stable income
- Desirable 3 bed 2 bath layouts attract consistent renter demand
- Located near major employment, retail, schools, and transit corridors
- Below-market rents create a clear value-add path through strategic increases
- Updated interiors and low-maintenance exteriors support operational efficiency
- Efficient floorplans and uniform unit mix streamline management and upkeep
Executive Summary
Don't miss this exceptional opportunity to acquire a package of 28 townhomes located in South Kansas City, offering stable in place cash flow with clear upside potential. Each unit features 3 bedrooms and 2 bathrooms, making this a highly desirable unit mix that continues to attract long-term tenants at higher rent rates than 2 and 1 bedroom mixes. Some of the units also come with 2 separate living areas. The size and layout of these townhomes keep them in high demand.
While the portfolio is well occupied with stable tenancy, some of the units have longterm tenants with below-market rents present a compelling value-add opportunity through rent increases as leases turn. The consistent floor plans allow for efficient management and streamlined maintenance.
While the portfolio is well occupied with stable tenancy, some of the units have longterm tenants with below-market rents present a compelling value-add opportunity through rent increases as leases turn. The consistent floor plans allow for efficient management and streamlined maintenance.
Property Facts
| Price Per Unit | $150,000 | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 7.50% | Lot Size | 19.58 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 42,000 SF |
| No. Units | 28 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1967 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 19.58 AC |
| Building Size | 42,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 28 | - | 1,512 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $4 | Total Assessment | $4 |
Property Taxes
Parcel Numbers
Land Assessment
$4
Improvements Assessment
$0
Total Assessment
$4
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