Details
Welcome to Raytown Townhomes in the highly desirable Raytown submarket of Kansas City. This complex offers 10 two-bedroom units and 1 one-bedroom unit, all recently renovated with modern finishes, including LVP flooring and stainless-steel appliances. A brand-new roof was installed in 2022. Residents benefit from on-site parking and laundry facilities adding to the already strong renter demand for the area. There is potential to turn the existing large laundry room back into a unit and adding stackable washer dryers to each individual unit.
Located within walking distance to downtown Raytown’s dining, shopping, and grocery options, and just a 7-minute drive to Arrowhead and Royals Sports Complex, this property is perfectly positioned. Enjoy suburban living with easy access to Kansas City metro amenities.
Currently, 10 out of 11 units are occupied with an average rent of $884 for 2 Bed, and $760 for 1 Bed, providing strong value-add potential with market rents averaging $1,050 and $825. One unit is intentionally being left vacant for easy tours. Each unit is separately metered for utilities, keeping owner expenses low. Don’t miss this outstanding investment opportunity!