Price Reduction
Address
14001 Ballantrae Drive, Grandview, MO
Price
$ 1,270,000
Property Attributes
  • MLS#2451013
  • TypeMulti-Family
  • CountyJACKSON
  • CityGrandview
  • Area202 - Kansas City Area
  • Zip64030
  • Style
  • Taxes$ 14250
  • Price$ 1,270,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.459137 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

All units are currently tenant-occupied. Introducing an exceptional chance to own nine rental townhomes in the River Oaks complex. The package includes nine townhomes that are all 3-bedroom units, attracting reliable long-term tenants. The portfolio's average rent is $1,218 per month, ~$350 under market value. Four units have month-to-month leases, allowing quick rent adjustments, while the rest have year-long leases. This package ensures steady income, multiple exit options, and ease of ownership.

Price History
8/22/2023 Listed $1,480,500
10/5/2023 3% - $1,439,000
10/21/2023 3% - $1,409,000
11/7/2023 10% - $1,270,000

General Features

Assoc Fee Paid Per Annually
Assoc Fees 2180
Association Y/N No
City Grandview
Construction Materials Concrete
Cooling Gas
County Jackson
Directions 13901 Falkirk Cir, Grandview, MO 64030: Proceed south on Hwy 49, turn right and get off at E Frontage road, take the 2nd exit in the roundabout and continue straight. Turn left on E 140th St, Turn left on
Garage Y/N No
Heating Forced Air
High School District Grandview
In Flood Plain No
Lot Size Square Feet 20000
MLS Area 202 - Kansas City Area (So. of River)
Property SubType Package of Properties
Property Type Residential Income
Roof Composition
Sewer City/Public
Standard Status Active
Status Active
Street Name Ballantrae
Subdivision Name Other
Total Units 9
Utilities Separate Meters
Virtual Tour https://www.dropbox.com/sh/ogaja6md8zbu7du/AAAUarVbuIrMzF8dLb84KJa5a?dl=0
Zoning RES

Interior Features

Air Conditioning Y/N Yes
Basement (Y/N) No
Street Suffix Drive
Total Stories 1
Unit Type 3 Bedroom

Exterior Features

Lot Size Area 20000
Lot Size Units Square Feet
Parking Features Off Street
Water Source City/Public - Verify

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 64030

Price
AVG $1.06M
$1.27M
Taxes
AVG $11,625
$14,250
Visits
AVG 173
116
Data Provided by Inside Real Estate®
Walkscore
AVG 44
29
Data Provided by Walkscore® not using MLS data