Introducing Benton Apartments in Kansas City, fully renovated side-by-side six-unit buildings (12 units total) just three miles from downtown. Six of these spacious two-bedroom, one-bathroom units were extensively renovated in 2024 with modern finishes, tile bathrooms, new cabinets, updated flooring, new appliances, and fully remodeled kitchens and bathrooms. The other 6 have long term tenants and were updated over the previous 5 years. Each unit also has been upgraded to include brand-new plumbing, electrical systems, and HVAC mechanicals. *** financials do not fully reflect current rent roll. Building 1 was vacant thru the extensive renovation and has new leases signed. The first 2 tenants have moved in and the remaining 4 will be moving in over next 45 days. Building 2 is fully occupied with stable long term tenants. *** The property is fully occupied and stabilized on a mostly voucher tenant base, offering immediate cash flow. Each unit has separately metered utilities (excluding water). Residents enjoy private, expansive front and back balconies for all units, as well as a dedicated parking lot conveniently located behind the buildings. In-unit washer dryer hookups are in each unit. Located in an up-and-coming area, Benton Apartments presents an excellent opportunity to capitalize on both consistent cash flow and long-term appreciation. Third party party management is currently in place and happy to stay on managing. Seller prefers to sell this 12 unit property and 2454 Benton (12 units) MLS #2524441 together. NO SELLER FINANCE - Please do not ask.
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