Skip To Content

900 E Ohio Street

Clinton, MO 64735
  • $2,100,000
  • STATUS: Active
  • ON SITE: 146 Days
  • ID#: 2392166
UPDATED: 59 min ago
$2,100,000
  • 0
    BEDS
  • 2.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

School District:

Description

The fountain plaza apartments sit directly in the middle of a rapidly expanding lake community with a total area population of approximately 90,000 people. It is well known that this community is experiencing tremendous growth due to affordability of living, combined with a close proximity to a very strong Kansas City job market. While current rents are well below market, several key upgrades have recently been completed making for a clean and comfortable environment for every single tenant. Management has set in motion an 18 month plan-of-action that will position the property to perform at an 8 cap. This opportunity will be right for any investor looking for a straight path to income goal performance, while at the same time acquiring a property that is in excellent condition. The seller will consider sale terms equivalent to cash, conventional financing and possibly carry back. For more information, please contact the broker directly. Key property upgrades since 2018 include the following: new roofs on all three buildings new patio sliding doors in every unit new windows in every unit newly remodeled units to include new lvp flooring, appliances, counters and the addition of washer/dryer in-unit newly resurfaced and re-striped parking lot approximately 15 units have been remodeled since 2018

Monthly Payment Calculator



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 2022, 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: 2022-12-01T16:45:04.42.

Based on information submitted to the MLS GRID as of 2022-12-01T16:45:04.42 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.five-starhomes.com/homes/130662413
Print Image

900 E Ohio Street Clinton, MO 64735

  • Price: $2,100,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 59 min ago
  • ID#: 2392166
0
Beds
0
Baths
0
½ Baths
2.1
Acres
Neighborhood:
Other
County:
Henry
Area:
223 - Henry County
School District:
Clinton
Property Description
The fountain plaza apartments sit directly in the middle of a rapidly expanding lake community with a total area population of approximately 90,000 people. It is well known that this community is experiencing tremendous growth due to affordability of living, combined with a close proximity to a very strong Kansas City job market. While current rents are well below market, several key upgrades have recently been completed making for a clean and comfortable environment for every single tenant. Management has set in motion an 18 month plan-of-action that will position the property to perform at an 8 cap. This opportunity will be right for any investor looking for a straight path to income goal performance, while at the same time acquiring a property that is in excellent condition. The seller will consider sale terms equivalent to cash, conventional financing and possibly carry back. For more information, please contact the broker directly. Key property upgrades since 2018 include the following: new roofs on all three buildings new patio sliding doors in every unit new windows in every unit newly remodeled units to include new lvp flooring, appliances, counters and the addition of washer/dryer in-unit newly resurfaced and re-striped parking lot approximately 15 units have been remodeled since 2018
Exterior Features

Construction Materials Concrete Garage YN No Parking Features Off StreetPaved Roof Synthetic

Interior Features

Basement YN No Cooling Electric Cooling YN Yes Heating Natural Gas Unit Type Type 2 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 ExchangePrivate Maintenance Description Building ExteriorLawnSnow Removal Maintenance Provided YN Yes Property Sub Type Apartment Sewer City/Public Tax Total Amount 10000 Utilities Ind Water Heaters Water Source Public Zoning R3

Listing information © 2022 Heartland MLS as distributed by MLSGRID.
Listing courtesy of United Real Estate Kansas City.



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 2022, 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: 2022-12-01T16:45:04.42.

Based on information submitted to the MLS GRID as of 2022-12-01T16:45:04.42 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_1_2392166-1.jpg https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_1_2392166-1.jpg https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_1_2392166-1.jpg
Logo
Five-Star Homes | Keller Williams Platinum Partners
1201 NE Windsor Drive
Lee's Summit MO, 64086