64024 Homes with Other Financing

64024 Homes with Other Financing

Welcome to Excelsior Springs, Missouri, a charming city nestled in the heart of Clay County, with the zip code 64024. Known for its rich history and vibrant community spirit, Excelsior Springs offers a unique blend of small-town charm and modern convenience, making it an ideal location for families, retirees, and everyone in between.

As you explore the real estate options in this beautiful area, you’ll discover a variety of homes available, including those with flexible financing options. Whether you're a first-time homebuyer or looking to invest, the availability of homes with other financing options opens the door to possibilities that suit your financial needs. This flexibility allows you to find the perfect home without the stress of traditional financing barriers.

Excelsior Springs is celebrated for its picturesque landscapes, historic downtown, and the famous mineral springs that have attracted visitors for over a century. The city boasts a welcoming community, excellent schools, and a plethora of recreational activities, from hiking and fishing to enjoying local festivals and events. With easy access to nearby Kansas City, residents can enjoy the best of both worlds—small-town living with the excitement of urban amenities just a short drive away.

If you’re considering a move to Excelsior Springs, the 64024 zip code offers a wealth of opportunities in a warm and inviting community. Let us help you find your dream home here, where you can create lasting memories and enjoy a fulfilling lifestyle in this delightful corner of Missouri.

Newest 64024 Homes with Other Financing

$999,000
Divine Property Management, LLC presents a 6-property residential investment portfolio totaling 8 rental units located throughout Excelsior Springs and Kansas City, Missouri. Offered as a PACKAGE SALE ONLY at $999,000, the portfolio consists of five single-family rental properties plus one triplex. Properties include 51 N Emerson St, Kansas City; 236 Valley St, Excelsior Springs; 1123 St Louis Ave, Excelsior Springs; 1125 St Louis Ave, Excelsior Springs; 1249 St Louis Ave, Excelsior Springs; and 106 Saratoga Ave, Excelsior Springs, a 3-unit property. The portfolio is currently 100% occupied across all 8 rental units and generates $8,525 in current scheduled monthly revenue, or $102,300 annually, based upon current contractual base rents plus recurring monthly pet fees. Seller-supplied annual operating expenses reflected in the portfolio analysis include property taxes of $6,318.40 and insurance of $7,097.00, totaling $13,415.40 and producing a simplified NOI of approximately $88,884.60. At the $999,000 offering price, this equates to an approximate 8.90% simplified going-in capitalization rate based upon the supplied tax and insurance expenses. 106 Saratoga participates in the Excelsior Springs Chapter 353 Tax Abatement District and includes seller-owned coin-operated laundry equipment providing supplemental income not included in the scheduled rental revenue stated above. Portfolio is owner-managed with no third-party property management currently in place. This offering provides investors an opportunity to acquire 8 occupied residential rental units through one coordinated acquisition. Comprehensive portfolio memorandum, lease information, tax, insurance, utility/appliance and seller due-diligence disclosures are available for qualified investor review. Buyer to independently verify all financial, property, lease and operating information during contractual due diligence.

106 SARATOGA Avenue, Excelsior Springs

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

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