1001 Arrowhead Rdg Unit 3
Independence, MO 64056
-- Bed
-- Bath
- Sq Ft
176 Days on Market
Active $2,190,000
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Courtesy of Lutz Sales + Investments

Listing Agent & Comments

Michelle LutzLutz Sales + Investments
913-426-5576michelle@lutzre.com
Package of ten ranch-style duplexes in the charming suburban Arrowhead Hills neighborhood. Tenants love having a two-bedroom single-story living featuring functional layouts with a dedicated laundry area. The laundry area was made for side-by-side washer/dryer and units feature hook- ups with residents providing their own machines. The properties are all located within the coveted Fort Osage School District and feature dedicated off-street parking right in front of the duplex. All of these amenities keep renter demand high. The owner expenses on the duplexes are very low with residents paying for their own gas, electric, water, and trash. Landlord only pays property taxes, insurance, lawn care, and 3rd party property management fee, if using professional management. The package contains mostly newer roofs and mechanicals. The average HVAC age is 2017, the average hot water heater year is 2016, and the average 30-year roof was installed in 2015. Market rent is ~$1089 with a current average rent of ~$931 across all 20 units in the package. Please see OM for rental and sales comparables. This package is both a solid cash flow opportunity and very liquid, properties can be sold off individually or as a package in the future. Sold off individually these properties would sell for 235k+ today, so buy this package with instant equity. Don’t miss out on this great rental property opportunity! Considering a 1031 exchange? Reach out today!

MLS# HMS2495997 • Data provided by Heartland MLS as distributed by MLS Grid
Additional home details
Living Area--
Lot Size3.0 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1971
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$408,692
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and sale history
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HouseCanary, Inc. Brokerage

1001 Arrowhead Rdg, Unit 3, Independence, MO 64056

Multifamily
-- Bed
-- Bath
- Sq Ft
176 Days on Market

Listing Agent & Comments

Michelle LutzLutz Sales + Investments
913-426-5576michelle@lutzre.com
Package of ten ranch-style duplexes in the charming suburban Arrowhead Hills neighborhood. Tenants love having a two-bedroom single-story living featuring functional layouts with a dedicated laundry area. The laundry area was made for side-by-side washer/dryer and units feature hook- ups with residents providing their own machines. The properties are all located within the coveted Fort Osage School District and feature dedicated off-street parking right in front of the duplex. All of these amenities keep renter demand high. The owner expenses on the duplexes are very low with residents paying for their own gas, electric, water, and trash. Landlord only pays property taxes, insurance, lawn care, and 3rd party property management fee, if using professional management. The package contains mostly newer roofs and mechanicals. The average HVAC age is 2017, the average hot water heater year is 2016, and the average 30-year roof was installed in 2015. Market rent is ~$1089 with a current average rent of ~$931 across all 20 units in the package. Please see OM for rental and sales comparables. This package is both a solid cash flow opportunity and very liquid, properties can be sold off individually or as a package in the future. Sold off individually these properties would sell for 235k+ today, so buy this package with instant equity. Don’t miss out on this great rental property opportunity! Considering a 1031 exchange? Reach out today!

MLS# HMS2495997 • Data provided by Heartland MLS as distributed by MLS Grid
Additional home details
Living Area--
Lot Size3.0 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1971
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties, crime reports, and sale history
New
Do you own this home?
Access your homeowner dashboard
house
Active $2,190,000
Request tour
Save
Courtesy of Lutz Sales + Investments
1001 Arrowhead Rdg Unit 3
Independence, MO 64056
-- Bed
-- Bath
- Sq Ft
176 Days on Market

Listing Agent & Comments

Michelle LutzLutz Sales + Investments
913-426-5576michelle@lutzre.com
Package of ten ranch-style duplexes in the charming suburban Arrowhead Hills neighborhood. Tenants love having a two-bedroom single-story living featuring functional layouts with a dedicated laundry area. The laundry area was made for side-by-side washer/dryer and units feature hook- ups with residents providing their own machines. The properties are all located within the coveted Fort Osage School District and feature dedicated off-street parking right in front of the duplex. All of these amenities keep renter demand high. The owner expenses on the duplexes are very low with residents paying for their own gas, electric, water, and trash. Landlord only pays property taxes, insurance, lawn care, and 3rd party property management fee, if using professional management. The package contains mostly newer roofs and mechanicals. The average HVAC age is 2017, the average hot water heater year is 2016, and the average 30-year roof was installed in 2015. Market rent is ~$1089 with a current average rent of ~$931 across all 20 units in the package. Please see OM for rental and sales comparables. This package is both a solid cash flow opportunity and very liquid, properties can be sold off individually or as a package in the future. Sold off individually these properties would sell for 235k+ today, so buy this package with instant equity. Don’t miss out on this great rental property opportunity! Considering a 1031 exchange? Reach out today!

MLS# HMS2495997 • Data provided by Heartland MLS as distributed by MLS Grid
Additional home details
Living Area--
Lot Size3.0 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1971
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$408,692
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and sale history
New
Do you own this home?
Access your homeowner dashboard
house

Active $2,190,000
Request tour
Save
Courtesy of Lutz Sales + Investments