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2713-2715 Benton Blvd 6 Unit Apartment Building $600,000 ($100,000/Unit) 8.07% Cap Rate Kansas City, MO 64128

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INVESTMENT HIGHLIGHTS

  • Hardwood Floors
  • Covered Front Balconies
  • Front & Back Secured Entrances
  • Luxury Vinyl Plank
  • Parking Lot off Street
  • Storage Lockers

EXECUTIVE SUMMARY

Turn Key 6 Unit on Historic Benton Boulevard. All units are Two Bedroom and One Full Bath. Newer TPO Roof, Complete High-Efficiency Heat & Central Air Conditioning in all units. Exterior Brick and Newer Stucco. Thermopane Windows. Newer Appliances. Storage Lockers. Central Coin Laundry. Well Maintained Building, Long Term Tenant Base. Total of 3 City Lots(two-parcels) features off-street private residence parking. Secured Door-bird Entry. Gated Back Entry. Separate Meters. Tenant Maintained Community Garden. Located on Bus Line. Walking Distance to Newly Renovated Shopping Center, Pediatric Center and Family Center.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $61,200 $9.60
Other Income $1,200 $0.19
Vacancy Loss $3,060 $0.48
Effective Gross Income $59,340 $9.30
Taxes $2,774 $0.43
Operating Expenses $8,147 $1.28
Total Expenses $10,921 $1.71
Net Operating Income $48,419 $7.59

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $61,200
Annual Per SF $9.60
Other Income
Annual $1,200
Annual Per SF $0.19
Vacancy Loss
Annual $3,060
Annual Per SF $0.48
Effective Gross Income
Annual $59,340
Annual Per SF $9.30
Taxes
Annual $2,774
Annual Per SF $0.43
Operating Expenses
Annual $8,147
Annual Per SF $1.28
Total Expenses
Annual $10,921
Annual Per SF $1.71
Net Operating Income
Annual $48,419
Annual Per SF $7.59

PROPERTY FACTS

Price $600,000
Price Per Unit $100,000
Sale Type Investment
Cap Rate 8.07%
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.49 AC
Building Size 6,378 SF
Average Occupancy 83%
No. Stories 3
Year Built 1930
Parking Ratio 1.57/1,000 SF
Opportunity Zone Yes
Zoning Multi-family residential - Multi-Family Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Dining Room

SITE AMENITIES

  • Laundry Facilities
  • Trash Pickup - Curbside
  • Wi-Fi
  • Storage Space

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-920-02-49-00-0-00-000
Land Assessment
$7,163 (2025)
Improvements Assessment
$27,261 (2025)
Total Assessment
$34,424 (2025)
Annual Taxes
$2,774 ($0.43/SF)
Tax Year
2024
  • Listing ID: 35653257

  • Date on Market: 4/27/2025

  • Last Updated:

  • Address: 2713-2715 Benton Blvd, Kansas City, MO 64128

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