Hampton Court Apartments Listing Details & Market Data

9715 E 35th Ter, Independence, MO 64052

  • For Sale $3,500,000
  • Property Type Multi-Family
  • Property Size 43,210 SF
  • Units 54
  • Lot Size 1.78 Acre
  • Year Built 1987
  • Date Updated Apr 23, 2024
Located just north I-70, off Blue Ridge CutoffIntroducing an exceptional investment opportunity in Independence, MO: a robust 43,210 SF, two-building property boasting 54 units. This well-maintained mid-rise, established in 1987, proudly offers a 5.22% fixed rate assumable loan with 4 years remaining. With a staggering 96.29% occupancy rate and established rent growth potential, this properties stands as a significant stabilized property for the long term holder, with value add returns. Strategic location along major highways and alignment with workforce housing demographics further enhance its demand, and assist in maintaining high occupancy. Discover this prime opportunity to find immediate and long term cashflow, through an already proven value growth strategy and existing assumable debt.

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Highlights

  • 54 Units / 2 Buildings
  • 5.22% Fixed rate assumable loan with additional 4 years remaining
  • 96% occupancy - over 90% for previous 12 months
  • Proven Rent Growth opportunity where 30% of units have proven ~$150 income gap in current condition
  • Demographics Aligned with Workforce Housing
  • Less than 1 Mile North of National Retailers (Including Walmart & Lowes)

Contacts

broker

Quinn Hahs

Clemons Real Estate

(816) 621-2130

Location

Getting Around

  • Walk Score ®

    Car-Dependent (37)

  • Transit Score ®

    Some Transit (37)

  • Bike Score ®

    Somewhat Bikeable (27)
Powered by Walk Score ®
  • City Independence, MO
  • Neighborhood Pitcher
  • Zip Code 64052
  • Market Kansas City

Points of Interest

  • Independence

    2.73 miles

  • Train and Tram Station

    4.99 miles

  • 22nd at Vine

    5.70 miles

  • Union Station

    6.72 miles

  • Crossroads

    6.81 miles

  • Kansas City Union Station

    6.83 miles

  • Kauffman Center

    6.89 miles

  • Power and Light

    6.95 miles

  • Metro Center

    7.03 miles

  • Metro Center

    7.04 miles

  • BP

    0.80 miles

  • Conoco

    0.91 miles

  • QuikTrip

    1.02 miles

  • Murphy USA

    1.51 miles

  • Phillips 66

    1.79 miles

  • 7-Eleven

    1.92 miles

  • Conoco

    2.05 miles

  • QuikTrip

    2.67 miles

  • Shell

    2.67 miles

  • Phillips 66

    2.76 miles

  • Parking Lot A (General)

    0.95 miles

  • Parking Lot A (Reserved)

    0.95 miles

  • Parking Lot J

    1.03 miles

  • Parking Lot B (General)

    1.06 miles

  • Parking Lot B (Reserved)

    1.10 miles

  • Parking Lot M

    1.11 miles

  • Parking Lot H

    1.15 miles

  • Parking Lot C

    1.16 miles

  • Parking Lot L

    1.18 miles

  • Parking Lot G

    1.28 miles

  • Gates Bar-B-Q

    0.58 miles

  • P. Moore & Moore BBQ

    0.59 miles

  • Denny's

    0.65 miles

  • Rosie's Cafe

    0.68 miles

  • Sonic

    0.76 miles

  • Burger King

    0.78 miles

  • Taco Bell

    0.83 miles

  • V's Italiano Restaurante

    0.89 miles

  • Subway

    0.89 miles

  • Subway

    0.90 miles

  • Pitcher School

    0.11 miles

  • Virgin Mary School

    0.34 miles

  • Pitcher Elementary School

    0.43 miles

  • Nowlin Middle School

    0.94 miles

  • Three Trails Elementary School

    1.28 miles

  • West Rock Creek Elementary School (Disused)

    1.39 miles

  • Korte Elementary School

    1.43 miles

  • Rock Creek School

    1.55 miles

  • Raytown Middle School

    1.63 miles

  • Pittman Hills Junior High School

    1.65 miles

  • Hanthorn Early Education

    3.76 miles

  • Cotton Candy Daycare Center

    5.11 miles

  • Children's Choice

    5.39 miles

  • Alphabet Academy Child Care

    5.47 miles

  • Downtown Day Care

    5.55 miles

  • Inspire Early Education Center

    6.56 miles

  • St. Luke's Hospital Child Care Center

    6.76 miles

  • Lakewood Kindercare

    6.81 miles

  • Ervin Early Learning Center

    8.72 miles

  • Sonshine Day Care Center

    9.00 miles

Contact Listing Broker

broker

Quinn Hahs

Clemons Real Estate

(816) 621-2130