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Description

Maple Manor Apartments is a four-building, low-rise apartment complex located off of Truman Road in Independence, Missouri. The four buildings at 1409-1415 Maple Ave. have brick exteriors and mansard-style roofs. Maple Manor has 8 one-bedroom units, 24 two-bedroom units, and 8 three-bedroom units, all of which are separately metered for electric. On site parking consists of 65 total spaces that is available to all residents. Laundry facilities are located onsite in the basement. There are 17 units currently being occupied through HAP support, which also have their utilities paid for by the landlord. This property has newer roofs and siding on all 4 buildings that was completed within the last few years. In addition to the roofs and siding, new landscaping and parking lot repairs were also made within the last 12 months. Located in an outstanding submarket with a high level of demand in affordable housing, this property should maintain a high occupancy rate in the future to come. Maple Manor has significant value add upside through rent increases and operational/management expense reductions to further boost the NOI.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and Five-Star Homes | Keller Williams Platinum Partners do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-09-20T09:45:13.17.

www.five-starhomes.com/homes/120739448
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1409 W Maple Avenue Independence, MO 64050

  • Price: $2,850,000
  • Status: Active
  • Updated: 12 min ago
  • ID#: 2340959
0
Beds
0
Baths
0
½ Baths
1.66
Acres
1969
Built
Neighborhood:
Other
County:
Jackson
Area:
206 - Independence Area
School District:
Independence
Property Description
Maple Manor Apartments is a four-building, low-rise apartment complex located off of Truman Road in Independence, Missouri. The four buildings at 1409-1415 Maple Ave. have brick exteriors and mansard-style roofs. Maple Manor has 8 one-bedroom units, 24 two-bedroom units, and 8 three-bedroom units, all of which are separately metered for electric. On site parking consists of 65 total spaces that is available to all residents. Laundry facilities are located onsite in the basement. There are 17 units currently being occupied through HAP support, which also have their utilities paid for by the landlord. This property has newer roofs and siding on all 4 buildings that was completed within the last few years. In addition to the roofs and siding, new landscaping and parking lot repairs were also made within the last 12 months. Located in an outstanding submarket with a high level of demand in affordable housing, this property should maintain a high occupancy rate in the future to come. Maple Manor has significant value add upside through rent increases and operational/management expense reductions to further boost the NOI.
Exterior Features

Construction Materials Brick & FrameMetal Siding Garage YN No Parking Features Off StreetPaved Parking Total 65 Roof Synthetic

Interior Features

Basement YN Yes Cooling Electric Cooling YN Yes Heating ElectricForced Air Unit Type Type 1 Bedroom2 Bedroom3 Bedroom

Property Features

Age Description 51-75 Years Association Fee 0 Association Fee Frequency None Association YN No In Flood Plain No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional1031 Exchange Maintenance Provided YN No Possession Funding Property Sub Type Apartment Sewer City/Public Tax Total Amount 16061 Utilities Ind Heat And AirSeparate Meters Water Source Public Zoning R-3

Listing information © 2021 Heartland MLS.
Listing courtesy of Platinum Realty.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and Five-Star Homes | Keller Williams Platinum Partners do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-09-20T09:45:13.17.

 
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1201 NE Windsor Drive
Lee's Summit MO, 64086