161 Oak Hill Cluster, Independence, MO 64057

     
  • 1Beds
  •   
  • 1 Bath
  •  
  • 0½ Baths
  •  
  • 576Sq 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 photo recent. Interior photos from 2.5 years ago. Same tenant for 5 years now. Other Properties in Portfolio: 160 MLS#2531814, 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
2531822
Property Tax
$912
Home Owners Association
Yes - Harvest Hills HOA
Interior
Floor Plan
Ranch
Features
Ceiling Fan(s)
Appliances
Refrigerator,Built-In Electric Oven,Free-Standing Electric Oven
Security
Smoke Detector(s)
Basement
Slab
Fireplaces (Total)
0
Flooring
Carpet,Laminate
Dining Area
Liv/Dining Combo
Other Rooms
Main Floor BR
Laundry
Main Level
Exterior
Garage Spaces
0
Parking Features
Off Street
Roof
Composition
Windows
Window Coverings
Lot
Lot Size
990
Lot Size Units
Square Feet
Lot Sq Ft
990
Road Surface
Paved
Structure
Year Built
1981
Age Description
41-50 Years
Above-grade Finished Area
576
Construction
Construction Materials
Metal Siding
Utilities
Cooling
Attic Fan,Electric
Heating
Forced Air,Natural Gas
Telecom
High Speed Internet - Available
Sewer
Public Sewer
Water Source
Public
Listing
Listing Terms
Cash,Conventional
Possession
Subject To Lease
Special Listing Conditions
Owner Agent
Financial
Maintenance
Snow Removal, Street
Ownership
Investor
Location
Flood Plain
No
Major Area
206 - Independence Area
HOA
HOA
Harvest Hills HOA
HOA Fee
$65
HOA Fee Frequency
Monthly
HOA Amenities
Community Center,Exercise Room,Party Room,Play Area,Pool,Tennis Court(s)
HOA Fee Includes
Lawn Service,Parking,Snow Removal,Street,Trash
School
School District
Blue Springs
Elementary School
James Lewis
Middle School
Brittany Hill
High School
Blue Springs
Disclaimer
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