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Raytown Townhomes 6307-6333 Ash Ave

11 Unit Apartment Building $959,000 ($87,182/Unit) Raytown, MO 64133

Investment Highlights

  • 90% Two Bedroom Units
  • Ample On-Site Parking & Laundry Facility
  • Brand New Roof Installed in 2020
  • Spacious Floorplans with Updated Finishes and Stainless-Steel Appliances
  • Sub-metered Utilities
  • Value-Add Opportunity by Adding In-Unit Landry and Converting Laundry Room to the 12th Unit

Executive Summary

Welcome to Raytown Townhomes in the highly desirable Raytown, Missouri! This complex offers 10 two-bedroom units and 1 one-bedroom unit, all recently renovated with modern finishes, including LVP flooring and stainless-steel appliances. A brand-new roof was installed in 2022. Residents benefit from on-site parking and laundry facilities for added convenience.
Located within walking distance to downtown Raytown’s dining, shopping, and grocery options, and just a 7-minute drive to Chiefs Arrowhead and Royals Stadium, this property is perfectly positioned. Enjoy suburban living with easy access to Kansas City metro amenities.
Currently, 10 out of 11 units are occupied with an average rent of $884 for 2 Bed, and $760 for 1 Bed, providing strong value-add potential with market rents averaging $1,050 and $825. Each unit is separately metered for utilities, keeping expenses low. If you want a solid work force housing opportunity in a well-maintained building take a closer look. Don’t miss this outstanding investment opportunity!

Property Facts

Price $959,000
Price Per Unit $87,182
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.40 AC
Building Size 12,905 SF
No. Stories 3
Year Built 1965
Parking Ratio 1.16/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 700
2+1 10 - 825

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-130-20-06-00-0-00-000
Land Assessment
$18,810
Improvements Assessment
$103,873
Total Assessment
$122,683

zoning

Zoning Code R-3 Multi Household Build
R-3 Multi Household Build
  • Listing ID: 33436985

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 6307-6333 Ash Ave, Raytown, MO 64133

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