$589,000 Price Analysis 206 N Grant RdKnob Noster, MO 65336 Unknown bed None bath unknown SqFt ($0/SqFt) 0.25 acre lot. Built 1968 Listed 2024-05-13, Taxes $1,279 | ✓ USDA Eligible near Knob Noster, MO |
Two fourplexs plus an acre of developable land in Knobnobster near Whiteman Airforce Base. In this listing are 206 and 208 Grant. Both units recently had new gutters, downspouts, soffits and fascia completed this month, a $12k investment. The complex, managed by local property management company, usually runs at 90% occupancy. It currently has 6 of 8 units occupied. Many of the tenants over the years have been airmen from the Whiteman Airforce Base. The acre of developable land is located in three lots surrounding the two fourplexes. The price of those lots with the 8 units are included in the list price of $589k.
The lts can be purchased stand alone for $50k. The fourplexes can be purchased without the property for $550k. Buying them all together saves $11k. The land is perfectly situated for expansion and the acre of land could sufficiently hold another 3 fourplexes for a total of 20 units on the property. One half acre is located directly to the south of the four plexes on the same lot. The other half acre is located directly to the east of the property on the back side of the fourplexes. The east lot currently has an empty trailer on the lot that will most likely need to be removed prior to development. The two fourplexes today meets the 1% investor ROI rule without any additional expansion. Showings are by appointment and must be scheduled 24 hours in advance with the property management company.
Presented by Jason Holsman at
Chartwell Realty L L C.
Property MLS #2488268 from KansasCity
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $21,446 | $1,279 |
2021 | $unknown + $unknown $21,446 | $1,321 |
2020 | $unknown + $unknown $20,461 | $1,268 |
2019 | $unknown + $unknown $20,461 | $1,235 |
2018 | $unknown + $unknown $20,461 | $1,183 |
2017 | $unknown + $unknown $20,461 | $1,176 |
2016 | $unknown + $unknown $20,461 | $1,178 |
2014 | $unknown + $unknown $20,461 | $1,190 |
2013 | $unknown + $unknown $20,461 | $1,189 |
2010 | $unknown + $unknown $20,461 | $1,032 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.