The Carolina & The Dakota on Lawn
Renovated 24 Unit Apartment Buildings | $92,917/unit
Marketing description
Explore a stable investment opportunity with the Burge Park Apartments, two 12-unit properties featuring large 1-bed/1-bath units, each with an extra office/den for versatile living. Built with durability in mind, these buildings offer newer windows, electrical service, plumbing, and 4-year-old TPO roofs. All units are fully occupied by veterans through a voucher program, ensuring reliable income. Every unit has central heat and air and its own gas water heater. Finishes are older but functional, offering room for future cosmetic enhancements. Tenants pay gas and electric with separate meters, while the landlord pays water and trash.
Strategically located in a dynamic Kansas City submarket, this property provides easy access to the entire Kansas City Metro. Carolina Apartments delivers immediate cash flow and value-add potential through future updates as the neighborhood changes, ideal for investors seeking reliable returns in a growing area.
Investment highlights
24 Large 1 Bed/1 Bath Units with Extra Office/Den
Newer Windows, Electrical Service, Plumbing, and TPO Roof
100% Occupied
Stable Income with Voucher Tenants
Secured Entry
Charming and Durable Brick Building in Revitalizing Neighborhood
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