$1,950,000
Excellent opportunity to acquire seven duplex buildings totaling 14 units on one parcel in Odessa. Built in 2001, every unit offers 3 bedrooms, 2 full bathrooms and approximately 850 SF. All units are built on slab and are entirely single-level, making this one of the simplest multifamily layouts to operate and maintain.
Tenants pay all utilities, including water, sewer, trash, electric and gas - they even mow their own lawn. There is no HOA. Each unit also includes a private garage, washer/dryer hookups and a dishwasher. Many units have garage door openers.
The property sits directly across from a city park in an established residential neighborhood surrounded by owner-occupied homes. That setting, combined with the 3-bedroom floor plans and private garages, gives these units more of a small-home feel than a typical apartment.
From an ownership standpoint, the setup is hard to beat. Fourteen units are grouped together on one parcel, yet tenants handle their own utilities and lawn care. The all-one-level construction also eliminates stairs and keeps the floor plans simple, functional and easy to manage.
Odessa offers a quieter residential setting while still providing direct access to I-70 and the eastern Kansas City corridor. Oak Grove, Grain Valley, Blue Springs and Independence are all positioned along the route west toward Kansas City.
Where else can you buy seven duplexes together with this kind of operating simplicity?
516 Johnson Drive, Odessa
Listing courtesy of Alex Olson of Legendary Apartment Brokers.