16012 E T C Lea Rd, Independence, MO 64050

Please call 2178911250 for showings. There are two separate structures to this 4-plex. Collections have been 100% through COVID-19. This property is already 100% occupied and has been for a very long time with the same tenants.There is an onsite manager that takes care of snow, mowing, and general maintenance. Rent has not been raised in 2 years. We are projecting a 9.52% cash on cash return. Please contact us to see the historical financials and pro forma. We have owned for 2 years and have only heard from the tenants 2-3 times; we self manage and it is very hands off. Cap Ex: - New windows 2013 and 2015 - All new plumbing and HVAC in 2014 Drywall on ceiling is damaged in one room from leak on a decorative part of the roof. It leaked whenever there was odd weather and rain came in at strange angles. We sealed it haven't had a single issue since. Tenant is taking care of it with his drywall guy once covid calms down.