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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32324302

9401 E 63RD ST, RAYTOWN, MO 64133-4946

AP
MO 2013032099
Zeal Property Advisors
Listed by Zeal Property Advisors
$2,000,000
29 days on market
Updated 29 days ago
Opportunity zone

Regency East

Details
APN 45240040700000000
Property Type Multifamily
Square Footage 24,744
Units 39
Occupancy 83%
Pro-Forma Cap Rate 8.40%
Pro-Forma NOI $167,531
Class C
Year Built 1965
Year Renovated 2019
Buildings 1
Stories 1
Lot Size (SqFt) 31,120

Hands-On Value-Add Opportunity

Marketing description

Zeal Property Advisors, LLC is pleased to announce the exclusive offering of Regency East Apartments (“The Property”), a 30-unit apartment community located in Raytown, Missouri. The Property offers a quaint community renter experience under one roof with ample bonus rooms for amenities. The unit mix has a variety floorplans offering a wider net for prospectvie renters. Investors are encouraged to consider a conversion to 55+ where a lack of supply has been identified.

The Property is offered as a fee simple sale. Regency East is considered a hands-on value-add community where down units can be renovated, amenities added such as lounge room, storage lockers and leasing station if needed. Short term financing with Interest Only is available and can be recommended by the Brokers.

Investment highlights

Ability to Reposition to 55+ Community

Ability to Add Amenities

Down Units Available to Renovate

Variety of Floorplans

True Community Living Environment

Listing Contacts

AP
MO 2013032099
Zeal Property Advisors
Listed by Zeal Property Advisors

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