Hampton Court Apartments

54 Unit Apartment Building | $3,500,000 ($64,815/Unit) | 8.61% Cap Rate | Independence, MO 64052

Asking Price $3,500,000

Property Type: Multifamily
Square Feet: 43,365 SF

Listing Contacts

Quinn Hahs

Verified Profile

Property Info

Property Overview

Introducing a rock-solid workforce housing investment property located in Independence, Missouri. This property features a total of 54 units, including 4 studios and 50 one-bedroom units, catering to the high demand for such housing options. Conveniently situated with easy access to I-70, which boasts a high traffic volume of over 124,000 cars per day at the nearby interchange located less than three-quarters of a mile away, this property offers excellent visibility and accessibility for residents and potential tenants. Investing in this property presents an opportunity to tap into the strong demand for workforce housing in the area, with the potential for steady rental income and long-term value appreciation.

Property Details

Class: B
Year Built: 1987
Stories: 3
Lot Size (sq. ft): 77,537 SF
Units: 54

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