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Listed by Andrea Wardell • Wardell & Holmes Real Estate
$ 4,100,000
Est. payment /mo
New
409 E Armour BLVD Kansas City, MO 64109
9,081 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Kenwood
MLS Listing ID 2637310
Year Built 1924
Annual Tax Amount $40,000
Lot Size 9,081 Sqft
Acres 0.20847107
Property Sub-Type Apartment
Source hmls
Property Description
Windsor Manor designed by famed architect Nelle Peters, and is listed on the Historic Register, this well maintained Hyde Park 31 unit offers fully furnished midterm rentals, with monthly rates ranging from $1500-$1900 per unit, the property is composed of 23 (1) units, and 8 studios.
Positioned along Kansas City's Armour Boulevard corridor, 409 E Armour Blvd presents an opportunity to acquire a asset with strong existing income and attractive projected investment returns. Based on current underwriting, the property generates $52,700 in monthly scheduled rent, equating to $632,400 in annual gross scheduled income.
Proforma/Offering Memorandum are Projections and financials for midterm rentals can be made available upon request, the current bookings will remain in place for the Seller/or new Buyer and honored.
Positioned along Kansas City's Armour Boulevard corridor, 409 E Armour Blvd presents an opportunity to acquire a asset with strong existing income and attractive projected investment returns. Based on current underwriting, the property generates $52,700 in monthly scheduled rent, equating to $632,400 in annual gross scheduled income.
Proforma/Offering Memorandum are Projections and financials for midterm rentals can be made available upon request, the current bookings will remain in place for the Seller/or new Buyer and honored.
Location
State MO
County Jackson
Zoning APT
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Other
Roof Type Composition
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, USDA Loan, VA Loan
Listing Terms Cash, Conventional, USDA Loan, VA Loan
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