$625,000 Price Analysis    ♡   Riverside, MO 64150 Unknown bed None bath unknown SqFt ($0/SqFt) 0.3 acre lot. Built 1960 Listed 2024-07-25, Taxes $2,800 | Ⓧ USDA Ineligible due to location near Riverside |
CALL CO-OP FOR MORE INFORMATION Can be purchased as a package or individually!
Owner has recently installed mini-splits on all units. Torrey Wood s is a 24-unit community consisting of three contiguous properties: 4520-4522, 4524-4526, 4528-4530 NW Brencrest Dr. The current unit mix is 23 2x1 and 1 1x1. There is a parking easement that allows for tenants to experience one to one off-street prking.
Five units have received small upgrades that have resulted in a minimum of a $100 rent premium compared to units with basic finishes. Property comparables up the street with nicer finishes are experiencing a $200+ increase in rental income per unit. Torrey Woods is a value-add investment opportunity located in the quiet suburb of Riverside, which is minutes from Downtown and neighbors A+ suburbs such as Briarcliff.
Presented by James Tiehen at
The Tiehen Group.
Property MLS #2501263 from Heartland
Lot Size Square Feet: 13046
Parking Features: Off Street
Unit Type: 2 Bedroom
School District: Park Hill
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Platte
Directions: Keep straight to stay on I-635 N Entering Missouri 1.9 mi At Exit 11A, head right on the ramp for US-69 North / MO-9 South toward Riverside 0.6 mi Take the ramp on the right for Riverway Blvd and head toward Argosy Casino Pkwy 0.2 mi Turn left onto US-69 / NW Riverway Blvd toward Riverside / Riverway Blvd Minor congestion 0.8 mi Turn left onto NW Vivion Rd Moderate congestion 0.2 mi Turn right onto NW High Dr 351 ft Turn right onto NW Brencrest Dr 0.1 mi Arrive at NW Brencrest Dr The last intersection before your destination is NW High Dr If you reach NW Greystone Ct, you've gone too far
Source Property Type: Residential Income
Area: 101 - North Kansas City (31st St North)
Source Neighborhood: 101 - North Kansas City (31st St North)
Parcel Number: 23-20-04-200-001-019-000
Zoning: R2.5
Property Subtype: Apartment
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $38,222 + $4,338 $42,560 | $2,800 |
| 2021 | $38,222 + $4,338 $42,560 | $2,809 |
| 2020 | $38,222 + $4,338 $42,560 | $2,842 |
| 2019 | $39,721 + $4,338 $44,059 | $2,833 |
| 2018 | $38,222 + $4,338 $42,560 | $2,863 |
| 2017 | $38,222 + $4,338 $42,560 | $2,866 |
| 2016 | $33,440 + $9,120 $42,560 | $2,891 |
| 2015 | $unknown + $unknown $42,560 | $2,907 |
| 2014 | $unknown + $unknown $46,550 | $3,182 |
| 2013 | $unknown + $unknown $46,550 | $3,142 |
| 2012 | $unknown + $unknown $46,550 | $3,143 |
| 2011 | $unknown + $unknown $46,550 | $3,085 |
| 2008 | $unknown + $unknown $46,550 | $3,012 |
| 2006 | $unknown + $unknown $12,312 | $841 |
$625,000
Heartland
Construction Materials: Brick & Frame
Property Age: 64
Roof: Composition
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: 51-75 Years
Master Meters
Separate Meters
Water Source: City/Public - Verify
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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.