12 UNITS IN OPPORTUNITY ZONE12 UNITS IN OPPORTUNITY ZONE9 0 1 - 9 0 7 B E N T O N B L V D , K A N S A S C I T Y , M O 6 4 1 2 7
LAUREN KIRBYC O M M E R C I A L & I N V E S T M E N T S A L E [email protected]
CLEMONS REAL ESTATE, LLC 2999 TROOST AVE SUITE 3 816.774.4250 CLEMONSLIFE.COM
F O R S A L E
CLEM
ONS
REAL
EST
ATE,
LLC
2999
TRO
OST
AVE
SUIT
E 3
816.
774.
4250
CLE
MO
NSL
IFE.
CO
M
LAUREN KIRBYC O M M E R C I A L & I N V E S T M E N T S A L E [email protected]
F O R S A L E
OFFERING SUMMARYSale Price: $500,000
Price Per Unit: $41,667
Unit Count 12
Unit Size: 925+/- SF
Property Tax: $4,500
Cap Rate: 8. 45%
Two side-by-side brick six-unit buildings located on a major thoroughfare in the up-and-coming Historic Northeastdistrict. After stabilization these 12 units are projected to perform at over an 8% cap rate. The fact that this property islocated in an Opportunity Zone makes it a great buy-and-hold opportunity with rental rates appreciating faster in thisneighborhood than in other parts of the city.
VALUE ADD OPPORTUNITY
PROPERTY HIGHLIGHTS• Large two bedroom, one bath units
• Centrally located, close to downtown and highways
• Large parking lot with 15 spaces attached
• Many units have original hardwood floors, building has lots of historical character and charm
12 UNITS IN OPPORTUNITY ZONE12 UNITS IN OPPORTUNITY ZONE9 0 1 - 9 0 7 B E N T O N B L V D , K A N S A S C I T Y , M O 6 4 1 2 7
CLEM
ONS
REAL
EST
ATE,
LLC
2999
TRO
OST
AVE
SUIT
E 3
816.
774.
4250
CLE
MO
NSL
IFE.
CO
M
LAUREN KIRBYC O M M E R C I A L & I N V E S T M E N T S A L E [email protected]
F O R S A L E
12 UNITS IN OPPORTUNITY ZONE12 UNITS IN OPPORTUNITY ZONE9 0 1 - 9 0 7 B E N T O N B L V D , K A N S A S C I T Y , M O 6 4 1 2 7
CLEM
ONS
REAL
EST
ATE,
LLC
2999
TRO
OST
AVE
SUIT
E 3
816.
774.
4250
CLE
MO
NSL
IFE.
CO
M
LAUREN KIRBYC O M M E R C I A L & I N V E S T M E N T S A L E [email protected]
F O R S A L E
12 UNITS IN OPPORTUNITY ZONE12 UNITS IN OPPORTUNITY ZONE9 0 1 - 9 0 7 B E N T O N B L V D , K A N S A S C I T Y , M O 6 4 1 2 7
CLEM
ONS
REAL
EST
ATE,
LLC
2999
TRO
OST
AVE
SUIT
E 3
816.
774.
4250
CLE
MO
NSL
IFE.
CO
M
LAUREN KIRBYC O M M E R C I A L & I N V E S T M E N T S A L E [email protected]
F O R S A L E
PROPERTY HIGHLIGHTS
• Large studio apartments with original hardwood floors
• Strong value add opportunity
• Great corridor near Cliff Drive
• New property management
123-133 NORTH LAWN AVE, KANSAS CITY, MO 64123
The owner also has 24 units comprised of two brick 12 unit buildingsfor sale a few blocks away. This is a great opportunity to take adistrict approach to the Northeast area and have a total 36 units thatwill cash flow today and also increase in value as the entire areacontinues to emerge and market rents increase.
PORTFOLIO OPPORTUNITY - ADDITIONAL 24 UNITSPORTFOLIO OPPORTUNITY - ADDITIONAL 24 UNITS9 0 1 - 9 0 7 B E N T O N B L V D , K A N S A S C I T Y , M O 6 4 1 2 7 & 1 2 3 - 1 3 3 N . L A W N A V E , K A N S A S C I T Y , M O 6 4 1 2 3
CLEM
ONS
REAL
EST
ATE,
LLC
2999
TRO
OST
AVE
SUIT
E 3
816.
774.
4250
CLE
MO
NSL
IFE.
CO
M
LAUREN KIRBYC O M M E R C I A L & I N V E S T M E N T S A L E [email protected]
F O R S A L E
LAUREN KIRBYLAUREN KIRBY
Commercial & Investment Sales
[email protected]:Direct: 785.840.5839
PROFESSIONAL BACKGROUNDPROFESSIONAL BACKGROUNDLauren joined Clemons Real Estate in 2019 after receiving her Master of Science in Entrepreneurial Real Estate from UMKC’s Bloch School of Management. Prior to joiningClemons, Lauren worked for KW Commercial, and specialized in working with commercial property owners and tenants within the Kansas City Metro area. Her experienceas well as a highly-specialized degree makes her well-positioned to assist buyers, sellers, landlords, and tenants with nuanced real estate needs.Prior to working in real estate, Lauren worked in multimedia and radio broadcasting, producing editorials for several National Public Radio programs.Although a Kansas City native, her multimedia work allowed her to travel coast to coast and most notably, sent her to India for a year to establish the media footprint foran NGO dedicated to the rights of women and children. Her broad worldview and ability to think outside the box make her a valuable asset to any real estate endeavor.Her Specialties include Investment Sales (Commercial & Multi-Family), Landlord/Tenant Representation (KC Metro), and Creative Re-Use & Urban Redevelopment.
KEY ASSIGNMENTSGallatin Master Lease PropertyLauren assisted her client in acquiring a 12-unit building with a Master Lease in place. She coordinated agreements between the organization providing the Master Leaseand her client so that all parties felt comfortable moving forward. Lauren also connected her client with financing and property management resources to make thetransaction as seamless as possible.
Riverside, MO MultifamilyLauren helped her client sell 13 units in a unique market in Kansas City. The property had unusual circumstances and Lauren's in-depth knowledge of active buyers in themarket allowed her to connect with a qualified party quickly thus resulting in an efficient closing for her client.
EDUCATIONEDUCATIONBA University of KansasMSERE from UMKC Bloch School of ManagementMO Licensed Real Estate Salesperson
MEMBERSHIPSMEMBERSHIPSMember, W.I.R.E.D. (Women in Real Estate Development)Charlotte Street Foundation Grant Recipient (2015)Volunteer, MindDrive (2017-2019)
Clemons Real Estate, LLCClemons Real Estate, LLC2999 Troost Ave Suite 3Kansas City, MO 64109
816.774.4250
12 UNITS IN OPPORTUNITY ZONE12 UNITS IN OPPORTUNITY ZONE9 0 1 - 9 0 7 B E N T O N B L V D , K A N S A S C I T Y , M O 6 4 1 2 7
