160 Oak Hill Cluster, Independence, MO 64057

     
  • 1Beds
  •   
  • 1 Bath
  •  
  • 0½ Baths
  •  
  • 552Sq Ft
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$70,000
 est. $339/mo

Turn-Key Investment Opportunity – 4-Unit Portfolio in Harvest Hills (only being sold as a set). This income-producing portfolio includes three 1-bedroom apartments and one 2-bedroom condo, all located in the tight-knit community of Harvest Hills. These properties are in Independence but within the highly rated Blue Springs School District, offering easy access to I-70 for convenient commuting. The Harvest Hills community provides desirable amenities, including a tennis court, basketball court, community room, children’s pool, large green spaces, and a playground. Investors will appreciate the strong rental demand and low vacancy rates in this area. While all current tenants are self-pay, some landlords in the community utilize VA vouchers, offering potential for diverse leasing strategies. Additionally, other landlords occasionally sell units, creating opportunities to expand holdings within the community. This portfolio offers a sturdy Cap Rate. HOA is $65 per month and covers trash, a designated parking spot and community amenities. Tenants pay for gas, water, and electricity. Each unit has laundry hookups. A reliable property caretaker is available for new ownership if needed. This unit: exterior picture recent. interior pictures from last remodel at 8/23. Carpet squares throughout living room and bedroom. New fridge added after pics. Same tenant since. Other Properties in Portfolio: 161 MLS#2531822, 162 MLS#2531828, 167 MLS#2531830. Cost of all 4 units available: $300k. Monthly combined income: $2,925. Ask the listing agent or your agent for the Multifamily Property Disclosure Rider for further details. Please do not disturb tenants – no yard signs. Lease agreements and property viewings are available with an accepted contract. Seller is a licensed Realtor in Missouri and Kansas.

Directions
From I-70, north on Exit 20/MO-7 for 3.3 miles. Turn left onto Oak Hill Cluster. Turn right to stay on Oak Hill Cluster. Continue driving for about 0.2 miles. Apartment complex will be on your left.
Subdivision
Harvest Hills
City
Independence
County
Jackson
Property Type
Residential / Townhouse
Listing Updated
Apr 02, 2025 at 10:04am
MLS Number
2531814
Property Tax
$912
Home Owners Association
Yes - Harvest Hills HOA
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