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Divine Property Management 6 Properties Offered at $1,150,000 in Multiple Locations
Investment Highlights
- The Divine Property Management portfolio presents an opportunity to acquire seven income-producing residential properties totaling nine rental units
- Currently the portfolio includes eight occupied units with one vacancy, creating immediate income with additional upside through lease stabilization.
- The portfolio consists of: Six single-family rental homes and one triplex multifamily property
- The offering allows investors to acquire an existing rental platform through one transaction, eliminating the time, acquisition costs, and uncertainty
Executive Summary
Excelsior Springs & Clay County, Missouri
Offering Price: $1,150,000
Presented by
The Simmons Sales Team
RE/MAX Area Real Estate
Investment Overview
The Divine Property Management portfolio presents an opportunity to acquire seven income-producing residential properties totaling nine rental units located in Excelsior Springs and Clay County, Missouri.
The portfolio consists of:
• Six single-family rental homes
• One triplex multifamily property
Currently the portfolio includes eight occupied units with one vacancy, creating immediate income with additional upside through lease stabilization.
The offering allows investors to acquire an existing rental platform through one transaction, eliminating the time, acquisition costs, and uncertainty associated with assembling properties individually.
Current Totals
Current Base Monthly Rent: $8,375
Current Recurring Monthly Pet Fees: $200
Current Scheduled Monthly Revenue: $8,575
Current Scheduled Annual Revenue: $102,900
Confirmed Security Deposits Held: $6,100
Stabilized Totals After Lease-Up of 106 Saratoga Unit 3
Projected Stabilized Base Monthly Rent: $9,300
Projected Stabilized Base Annual Rent: $111,600
Projected Total Deposit Position After Lease-Up: $7,025
Offering Price: $1,150,000
Presented by
The Simmons Sales Team
RE/MAX Area Real Estate
Investment Overview
The Divine Property Management portfolio presents an opportunity to acquire seven income-producing residential properties totaling nine rental units located in Excelsior Springs and Clay County, Missouri.
The portfolio consists of:
• Six single-family rental homes
• One triplex multifamily property
Currently the portfolio includes eight occupied units with one vacancy, creating immediate income with additional upside through lease stabilization.
The offering allows investors to acquire an existing rental platform through one transaction, eliminating the time, acquisition costs, and uncertainty associated with assembling properties individually.
Current Totals
Current Base Monthly Rent: $8,375
Current Recurring Monthly Pet Fees: $200
Current Scheduled Monthly Revenue: $8,575
Current Scheduled Annual Revenue: $102,900
Confirmed Security Deposits Held: $6,100
Stabilized Totals After Lease-Up of 106 Saratoga Unit 3
Projected Stabilized Base Monthly Rent: $9,300
Projected Stabilized Base Annual Rent: $111,600
Projected Total Deposit Position After Lease-Up: $7,025
Property Facts
| Price | $1,150,000 | Number of Properties | 7 |
| Price / SF | $149.47 / SF | Individually For Sale | 0 |
| Cap Rate | 7.69% | Total Building Size | 7,694 SF |
| Sale Type | Investment | Total Land Area | 1.16 AC |
| Status | Active |
| Price | $1,150,000 |
| Price / SF | $149.47 / SF |
| Cap Rate | 7.69% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 7,694 SF |
| Total Land Area | 1.16 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 106 Saratoga Ave, Excelsior Springs, MO 64024 | Multifamily | 3,000 SF | 1900 | - |
| 1249 Saint Louis Ave, Excelsior Springs, MO 64024 | Specialty | 1,184 SF | 1184 | - |
| 1125 Saint Louis Ave, Excelsior Springs, MO 64024 | Specialty | 1,140 SF | 1939 | - |
| 1123 Saint Louis Ave, Excelsior Springs, MO 64024 | Specialty | 774 SF | 1945 | - |
| 236 Valley St, Excelsior Springs, MO 64024 | Specialty | 684 SF | 1935 | - |
| 51 N Emerson St, Kansas City, MO 64119 | Specialty | 912 SF | 1929 | - |
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Divine Property Management
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