Grain Valley, MO 64029
3 Bd/ 2 Bath
Area: Kansas City, MO Suburb
Sq Ft: 2,600
Lot Size: 1/4 Acre
Year Built: 2006
Good Rental Market. One Year Builder Warranty. Grain Valley limiting the number of multi-family permits issued thus ensuring continued strong rents.
Elementary School, High School, Day CAre and Grocery Store (in Strip Mall) within walking distance. Home Depot and Walmart one exit away. 20 minutes from Plaza Shopping District in Downtown Kansas City. 15 Minutes from Arrowhead and Royals Stadiums. One Exit away from Adams Dairy Plaza, a 1.2 Million Square Foot Commercial Project that will add 1600 Jobs to the area and will include Lowe's and Target. Conventional Financing that is unaffected by current mortgage crisis.
Priced From $247,900
Combined Rents up to $2,025 a month
Leases in Place
1 Year Guaranteed Rents (single story only)
Net Cap Rate 6.7%
Gross Rent Multiple low 11s
For more info please contact me below:
John Gallagher, Broker, Realtor, M.B.A.