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Scarritt Apartments 3909-3911 Scarritt Ave 6 Unit Apartment Building $395,000 ($65,833/Unit) Kansas City, MO 64123
Investment Highlights
- Historic Northeast Location
- Sub-metered Utilites
- Value-add Opportunity
- On-site Parking
Executive Summary
Attention investors! The Scarritt Ave Apartments in the Historic Northeast is a nice value add opportunity at a good price. This 6-unit property, currently at 50% occupancy, is a blank canvas for those looking to make immediate cosmetic renovations. With a rear parking lot and submetered utilities (except water), it's poised for efficiency and profitability. The location offers tenants unbeatable city accessibility, making this an ideal project for savvy investors. Don't miss out on this opportunity.
Property Facts
| Price | $395,000 | Building Class | C |
| Price Per Unit | $65,833 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 4,800 SF |
| No. Units | 6 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1916 |
| Apartment Style | Low-Rise | Parking Ratio | 1.25/1,000 SF |
| Price | $395,000 |
| Price Per Unit | $65,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 4,800 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 1916 |
| Parking Ratio | 1.25/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 5 | - | - |
| 1+1 | 1 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 13-910-15-08-00-0-00-000 | Improvements Assessment | $33,915 |
| Land Assessment | $7,294 | Total Assessment | $41,209 |
Property Taxes
Parcel Number
13-910-15-08-00-0-00-000
Land Assessment
$7,294
Improvements Assessment
$33,915
Total Assessment
$41,209
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Scarritt Apartments | 3909-3911 Scarritt Ave
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