900-918 E Market ST Pending

Warrensburg,MO 64093

$ 1900000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Package of Properties

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 2500910

Year Built 1976

Annual Tax Amount $8,600

Lot Size 2.055 Acres

Property Description

Prime Investment Opportunity in Warrensburg! ??

Welcome to Lahon Court, a fantastic rental property consisting of 10 duplexes, each featuring 2 bedrooms and 1 bathroom. These well-maintained units boast newer siding, roofs, appliances, and A/C systems, ensuring peace of mind for the next owner.

Each unit has been remodeled since its original construction, with some units recently updated with luxury vinyl plank (LVP) flooring, new tile, and modern fixtures. A bit of additional cosmetic work updating the flooring and fixtures in each unit could easily raise rental rates to $900-$925 per month.

Lahon Court has a reputation for minimal maintenance calls and great tenants. Property management is already in place, with plans to actively raise rents over one leasing period to align with current market values.

Located in a high-demand rental area due to the University of Central Missouri and Whiteman Air Force Base, these units are never vacant, making this a solid investment opportunity. Don't miss out on owning these sought-after rentals in Warrensburg!

Key Features:

10 duplexes, each unit 2 bed / 1 bath
Newer siding, roofs, appliances, and A/C systems
Remodeled units with LVP flooring, new tile, and modern fixtures
Low maintenance and great tenants
Property management in place with plans to raise rents
High demand rental area with consistent occupancy
Seize this opportunity to invest in a thriving rental market! Contact for more information and to schedule a viewing!

Location

State MO

County Johnson

Zoning R3

Interior

Heating Electric

Cooling Electric

Exterior

Garage false

Utilities Available Ind Heat And Air,Ind Water Heaters,Separate Meters

Roof Type Composition

Building

Story 1

Sewer City/Public

Water Public

Structure Type Frame,Vinyl Siding

Schools

School District Warrensburg R-Vi

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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