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Key Details
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2500910
Sold Date 12/27/24
Originating Board hmls
Year Built 1976
Annual Tax Amount $8,600
Lot Size 2.055 Acres
Acres 2.0545914
Property Description
Prime Investment Opportunity in Warrensburg! ??
Welcome to Lahon Court, a fantastic rental property consisting of 10 duplexes, each featuring 2 bedrooms and 1 bathroom. These well-maintained units boast newer siding, roofs, appliances, and A/C systems, ensuring peace of mind for the next owner.
Each unit has been remodeled since its original construction, with some units recently updated with luxury vinyl plank (LVP) flooring, new tile, and modern fixtures. A bit of additional cosmetic work updating the flooring and fixtures in each unit could easily raise rental rates to $900-$925 per month.
Lahon Court has a reputation for minimal maintenance calls and great tenants. Property management is already in place, with plans to actively raise rents over one leasing period to align with current market values.
Located in a high-demand rental area due to the University of Central Missouri and Whiteman Air Force Base, these units are never vacant, making this a solid investment opportunity. Don't miss out on owning these sought-after rentals in Warrensburg!
Key Features:
10 duplexes, each unit 2 bed / 1 bath
Newer siding, roofs, appliances, and A/C systems
Remodeled units with LVP flooring, new tile, and modern fixtures
Low maintenance and great tenants
Property management in place with plans to raise rents
High demand rental area with consistent occupancy
Seize this opportunity to invest in a thriving rental market! Contact for more information and to schedule a viewing!
Location
State MO
County Johnson
Zoning R3
Interior
Heating Electric
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 1
Sewer City/Public
Water Public
Structure Type Frame,Vinyl Siding
Schools
School District Warrensburg R-Vi
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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