409 E Armour Boulevard, Kansas City, MO 64109
- $4,100,000
- List Price
- $4,100,000
- MLS#
- 2637310
- Status
- ACTIVE
- Type
- Multifamily
- Sub Type
- Apartment
- Lot Size
- 9,081
- Acres
- 0.21
- Subdivision
- Kenwood
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.
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Additional Information
- Year Built
- 1924
- School District
- Kansas City Mo
- Basement
- Yes
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Brick
- Water
- Public
- Cooling
- Electric
- Heating
- Forced Air
- Taxes
- $44,000
- Zoning
- APT
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Listing courtesy of Andrea Wardell of Wardell & Holmes Real Estate.
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