Two Fourplex Buildings – Great Investment Opportunity

Asking

Facebook X - Twitter Pinterest WhatsApp Email

Favorite

Updated: May 2nd 2023

Original asking price was $445k and $550k – SDI is trying to negotiate w/ seller on $390k + $510k
IMPORTANT: Seller will only agree to this price ($390k + $510k) if we present him with buyers for both 4-plexes. We are working on locating 2 buyers for both (ie buyer for each) OR 1 buyer that will buy both.
Two 4-plex buildings next to each other in Kansas City and gain INSTANT EQUITY per appraisal!
All units are mirrored floor plans and have recently been remodeled.
All units are fully rented out. 8010 – 2 bed, 2 bath units. 8020- 2bed, 1bath units.
The fridge, range, and dishwasher are to stay in each unit. HVAC systems are 2015 models.
The basement provides storage areas for individual units and a laundry room.

Building 2 – Year-to-date income/expenses

Date	Unit	Description	Amount
1/1/2023	Unit B	Rent Payment	$875.00
1/1/2023	Unit D	Rent Payment	$854.00
1/1/2023	Unit D	Prepayment Application	($854.00)
1/2/2023	Unit C	Rent Payment	$616.00
1/3/2023	Unit C	Bill	($195.00)
1/3/2023	Unit C	Rent Payment	$218.00
1/3/2023	Unit C	Rent Payment	$232.00
1/5/2023	Unit A	Bill	($168.00)
1/13/2023	Unit A	Bill	($145.00)
1/13/2023	Unit A	Bill	($68.00)
1/13/2023	Unit A	Bill	($54.43)
1/13/2023	Unit B	Bill	($54.43)
1/13/2023	Unit C	Bill	($49.21)
1/13/2023	Unit C	Bill	($54.43)
1/13/2023	Unit D	Bill	($69.95)
1/13/2023	Unit D	Bill	($54.43)
1/31/2023	Unit C	Bill	($272.16)
2/1/2023	Unit B	Rent Payment	$475.00
2/2/2023	Unit A	Bill	($239.00)
2/3/2023	Unit C	Rent Payment	$10.00
2/3/2023	Unit C	Rent Payment	$242.00
2/3/2023	Unit C	Rent Payment	$13.00
2/4/2023	Unit D	Rent Payment	$854.00
2/6/2023	Unit C	Rent Payment	$616.00
2/8/2023	Unit B	Rent Payment	$400.00
2/9/2023	Unit A	Bill	($54.43)
2/9/2023	Unit A	Bill	($272.16)
2/9/2023	Unit B	Bill	($54.43)
2/9/2023	Unit C	Bill	($54.43)
2/9/2023	Unit D	Bill	($54.43)
2/10/2023	Unit A	Bill	($285.00)
2/14/2023	Unit A	Bill	($45.00)
2/14/2023	Unit A	Rent Payment	$805.00
2/14/2023	Unit A	Rent Payment	$805.00
3/1/2023	Unit A	Bill	($54.43)
3/1/2023	Unit A	Bill	($68.00)
3/1/2023	Unit B	Bill	($54.43)
3/1/2023	Unit C	Bill	($54.43)
3/1/2023	Unit D	Bill	($54.43)
3/1/2023	Unit C	Rent Payment	$229.00
3/1/2023	Unit C	Rent Payment	$21.00
3/1/2023	Unit C	Rent Payment	$13.00
3/1/2023	Unit C	Prepayment Application	($13.00)
3/1/2023	Unit B	Rent Payment	$875.00
3/3/2023	Unit A	Bill	($89.00)
3/4/2023	Unit D	Rent Payment	$854.00
3/6/2023	Unit C	Rent Payment	$616.00
3/10/2023	Unit A	Bill	($50.00)
3/14/2023	Unit A	Bill	($36.00)
3/30/2023	Unit B	Bill	($272.16)
3/31/2023	Unit A	Bill	($217.59)
3/31/2023	Unit A	Bill	($45.00)
3/31/2023	Unit A	Bill	($45.00)
3/31/2023	Unit B	Bill	($168.00)
4/1/2023	Unit A	Bill	($54.43)
4/1/2023	Unit B	Bill	($54.43)
4/1/2023	Unit C	Bill	($54.43)
4/1/2023	Unit D	Bill	($54.43)
4/1/2023	Unit C	Rent Payment	$616.00
4/1/2023	Unit C	Rent Payment	$221.00
4/1/2023	Unit C	Rent Payment	$29.00
4/1/2023	Unit C	Rent Payment	$21.00
4/1/2023	Unit C	Prepayment Application	($21.00)
4/3/2023	Unit B	Rent Payment	$875.00
4/5/2023	Unit D	Rent Payment	$854.00
4/7/2023	Unit B	Bill	($89.99)
4/11/2023	Unit B	Bill	($338.02)
4/12/2023	Unit A	Bill	($350.00)
4/14/2023	Unit A	Bill	($625.00)
4/14/2023	Unit A	Bill	($93.75)
4/14/2023	Unit A	Bill	($250.00)
4/14/2023	Unit C	Bill	($134.00)
5/1/2023	Unit C	Rent Payment	$29.00
5/1/2023	Unit C	Prepayment Application	($29.00)