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Executive Summary
YES!!! TAKE A LOOK AT THIS GREAT LISTING, this one offering a 8.9% stabilized CAP RATE! Orchard Park Apartments is a two-building, garden-style multifamily property located at 9930–9932 E 36th Street S in Independence, Missouri. Built in 1965, the property consists of 20 apartment units across two 2.5-story masonry buildings situated on approximately 0.59 acres. The unit mix includes one- and two-bedroom apartments, many of which have been recently renovated, offering updated interiors while maintaining durable, classic construction. The buildings feature concrete exterior walls, flat roofs with single-ply membrane roofing, and individually metered gas and electric utilities. Tenants benefit from huge paved parking lot, balconies on upper-level units, and convenient access to major highways. Orchard Park Apartments is located near the I-70 and I-435 corridors, providing easy access to employment centers, retail, dining, and downtown Kansas City. The surrounding area is established and stable, making the property well-positioned for continued lease-up and long-term investment performance.This opportunity is well-suited for investors seeking stable income today with value-add potential in a growing Kansas City–area market.
Property Facts
| Price | $1,900,000 | Building Class | C |
| Price Per Unit | $95,000 | Lot Size | 0.59 AC |
| Sale Type | Investment | Building Size | 10,944 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 3.02/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,900,000 |
| Price Per Unit | $95,000 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 10,944 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 3.02/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Storage Space
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 20 | - | - |
1 1
Property Taxes
| Parcel Number | 32-210-05-17-00-0-00-000 | Improvements Assessment | $75,508 |
| Land Assessment | $27,843 | Total Assessment | $103,351 |
Property Taxes
Parcel Number
32-210-05-17-00-0-00-000
Land Assessment
$27,843
Improvements Assessment
$75,508
Total Assessment
$103,351
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9930 E 36th St S
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