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Listed by Brice Bradshaw • Compass Realty Group
$1,195,000
Est. payment /mo
0.5 Acres Lot
Pending
9200 E 54th TER Raytown, MO 64133
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Key Details
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Pending
Purchase Type For Sale
Subdivision Raytown Beach View
MLS Listing ID 2541378
Originating Board hmls
Year Built 1985
Lot Size 0.503 Acres
Acres 0.5033517
Property Sub-Type Package of Properties
Property Description
The Raytown Apartments are a two building, 12-unit offering located on the corner of a cul-de-sac in Raytown, Missouri. Built in 1985, the properties dwells in a neighborhood of rental properties and provides tenants 16 off-street parking spaces at the front of the buildings. The property stands 2.5-stories with vinyl siding/windows and pitched composition shingle roofs on a large lot. The buildings are separately metered for gas, electric and water (tenants responsible for all utilities) and units have front & rear access. 10 of the 12 HVAC/furnace systems have been replaced at the building within the last two years. All units at the property are two-bedroom, one-bathroom units with an approximate unit size of 800 square-feet (+/-). The units were acquired from non-profit organization (previously tax exempt) and made vacant for rehab. Current ownership underwent and completed a 12-month shutdown renovation to both buildings culminating in a turnkey, uniform product. Construction was completed in March of 2025.
All units feature central air/heat, washer/dryer in units, excellent closet/storage space, fully equipped kitchens, individual hot water heaters and individual mechanical rooms. Renovations to the units are highlighted by new paint microwaves and disposals, new appliances (select units), new LVP flooring, new carpet in bedrooms, new ceilings fans (bedrooms), new backlit mirrors, new LED lights (kitchen & living room), new vanity lights and new GFCI outlets (kitchens & baths). Cap Ex resulting from a small fire at 9201 included a new roof, new siding on northwest corner and west side, new insulation, new soffits and new front doors (4 units). The property has 3rd party management in place and is currently 80% occupied (2 vacant units just finished remodel – applications pending). The Raytown Apartments have excellent commuter accessibility to highways/interstates and nearby shops/restaurants.
All units feature central air/heat, washer/dryer in units, excellent closet/storage space, fully equipped kitchens, individual hot water heaters and individual mechanical rooms. Renovations to the units are highlighted by new paint microwaves and disposals, new appliances (select units), new LVP flooring, new carpet in bedrooms, new ceilings fans (bedrooms), new backlit mirrors, new LED lights (kitchen & living room), new vanity lights and new GFCI outlets (kitchens & baths). Cap Ex resulting from a small fire at 9201 included a new roof, new siding on northwest corner and west side, new insulation, new soffits and new front doors (4 units). The property has 3rd party management in place and is currently 80% occupied (2 vacant units just finished remodel – applications pending). The Raytown Apartments have excellent commuter accessibility to highways/interstates and nearby shops/restaurants.
Location
State MO
County Jackson
Zoning APT
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Inside
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar,Vinyl Siding
Schools
School District Raytown
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
