Raytown, MO
Zeal Property Advisors, LLC is pleased to announce the exclusive offering of 9212 East 54th St. in Raytown, Missouri (“The Property”), an 8-unit apartment building located near Laurel Hills Elementary School. The Property is easy to maintain with minimal deferred maintenance. Prospective investors may take advantage of a desirable unit mix consisting of all 2 bedroom units and a unique separate metering for all utilities, including water. A $100 rent premium has been identified for units in current condition allowing for management efficiency upside. A professional third party management company has been identified with quote in deal room.
The Property is offered as a fee simple sale and offers prospective investors the opportunity to acquire a fully occupied asset with the ability to grow rents to market. The Property is offered free and clear of existing debt with attractive local bank options including an I/O period while raising rents to market.