Excelsior Springs Homes with Other Financing

Excelsior Springs Homes with Other Financing

Welcome to Excelsior Springs, Missouri—a charming city that beautifully blends small-town allure with modern amenities. Nestled just 30 miles northeast of Kansas City, Excelsior Springs is renowned for its rich history, scenic landscapes, and therapeutic mineral springs that have attracted visitors for over a century. The city's vibrant downtown area is brimming with unique shops, delightful eateries, and cultural landmarks, making it a perfect spot for leisurely strolls and community gatherings.

For those considering a move to this picturesque locale, Excelsior Springs offers a diverse range of homes to suit various lifestyles and budgets. Whether you're searching for a cozy bungalow, a spacious family home, or a charming historic property, you'll find plenty of options to explore. One of the standout features of the local real estate market is the availability of homes with alternative financing options. This flexibility opens the door for many buyers who might face challenges with traditional financing methods, ensuring that owning a piece of this delightful community is within reach.

Outdoor enthusiasts will love the abundance of parks, walking trails, and recreational facilities that Excelsior Springs has to offer. From relaxing at the local lakes to enjoying community events throughout the year, there’s always something happening in this vibrant city.

Discover the magic of Excelsior Springs, where history meets hospitality, and where your dream home awaits with financing options tailored just for you. Come and experience the warmth of this community—your new life in Excelsior Springs is just a step away!

Newest Excelsior Springs Homes with Other Financing

$999,000
Divine Property Management, LLC presents a 6-property residential investment portfolio totaling 8 rental units located in Excelsior Springs and Clay County, Missouri. The portfolio includes six single-family rental homes and one triplex, and is being offered as a single package sale at $1,150,000. Properties included: 51 N Emerson St (Kansas City); 236 Valley St (EXSP); 1123 St Louis Ave (EXSP); 1125 St Louis Ave (EXSP); 1249 St Louis Ave (EXSP); and 106 Saratoga Ave (EXSP-Triplex). The portfolio currently includes eight occupied units with one vacancy. All six single-family homes are leased, while the triplex at 106 Saratoga Ave has two units leased and one unit actively being marketed for rent. Based on current leases, the portfolio generates $102,900 in scheduled annual rental income. Annual operating expenses primarily consist of property taxes ($6,817) and insurance ($7,697) for total annual expenses of approximately $14,514.00, resulting in an estimated current net operating income of approximately $88,386.00. The properties are owner-managed, with no third-party property management currently in place. The triplex at 106 Saratoga Ave participates in the Excelsior Springs Chapter 353 Tax Abatement District. This offering provides investors the opportunity to acquire nine residential rental units through one coordinated acquisition rather than assembling individual properties separately. Portfolio is being offered as a PACKAGE SALE ONLY, with supporting financial documentation available for investor and lender review during the due diligence period.

106 SARATOGA Avenue, Excelsior Springs

Listing courtesy of SimmonsSales Team of RE/MAX Area Real Estate.

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