Hampton Court Apartments

For Sale

9715 E 35th Ter, Independence, MO 64052

This Independence property for sale is located at 9715 E 35th Ter. The current listed sale price for Hampton Court Apartments is $3,500,000. Hampton Court Apartments is situated on a lot that is 1.78 acre in size.

Contacts

broker

Quinn Hahs

Clemons Real Estate

(816) 621-2130

Property Details

  • Property Type Multi-Family
  • Property Size 43,210 SF
  • Units 54
  • Lot Size 1.78 Acre
  • Year Built 1987
  • Date Updated Apr 27, 2024
Located just north I-70, off Blue Ridge CutoffIntroducing an exceptional investment opportunity in Independence, MO: a robust 43,210 SF, two-building property boasting 54 units. This well-maintained mid-rise, established in 1987, proudly offers a 5.22% fixed rate assumable loan with 4 years remaining. With a staggering 96.29% occupancy rate and established rent growth potential, this properties stands as a significant stabilized property for the long term holder, with value add returns. Strategic location along major highways and alignment with workforce housing demographics further enhance its demand, and assist in maintaining high occupancy. Discover this prime opportunity to find immediate and long term cashflow, through an already proven value growth strategy and existing assumable debt.

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Highlights

  • 54 Units / 2 Buildings
  • 5.22% Fixed rate assumable loan with additional 4 years remaining
  • 96% occupancy - over 90% for previous 12 months
  • Proven Rent Growth opportunity where 30% of units have proven ~$150 income gap in current condition
  • Demographics Aligned with Workforce Housing
  • Less than 1 Mile North of National Retailers (Including Walmart & Lowes)

Getting around

  • 37/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 27/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Independence, MO
  • Neighborhood Pitcher
  • Zip Code 64052
  • Market Kansas City

Points of Interest

  • Independence

    2.73 miles

  • Train and Tram Station

    4.99 miles

  • 22nd at Vine

    5.70 miles

  • Union Station

    6.72 miles

  • Crossroads

    6.81 miles

  • Kansas City Union Station

    6.83 miles

  • Kauffman Center

    6.89 miles

  • Power and Light

    6.95 miles

  • Metro Center

    7.03 miles

  • Metro Center

    7.04 miles

  • BP

    0.80 miles

  • Conoco

    0.91 miles

  • QuikTrip

    1.02 miles

  • Murphy USA

    1.51 miles

  • Phillips 66

    1.79 miles

  • 7-Eleven

    1.92 miles

  • Conoco

    2.05 miles

  • QuikTrip

    2.67 miles

  • Shell

    2.67 miles

  • Phillips 66

    2.76 miles

  • Parking Lot A (General)

    0.95 miles

  • Parking Lot A (Reserved)

    0.95 miles

  • Parking Lot J

    1.03 miles

  • Parking Lot B (General)

    1.06 miles

  • Parking Lot B (Reserved)

    1.10 miles

  • Parking Lot M

    1.11 miles

  • Parking Lot H

    1.15 miles

  • Parking Lot C

    1.16 miles

  • Parking Lot L

    1.18 miles

  • Parking Lot G

    1.28 miles

  • Deluxe Inn

    0.46 miles

  • Adam's Mark Hotel & Conference Center at the Sports Stadium Complex

    0.58 miles

  • Hotel Lotus

    0.65 miles

  • Bluebird Motel

    0.69 miles

  • Best Western Premier Kansas City Sports Complex Hotel

    0.79 miles

  • Days Inn

    2.61 miles

  • Super 8 by Wyndham Independence Kansas City

    2.63 miles

  • Truman Inn

    2.69 miles

  • Red Lion Inn & Suites

    2.71 miles

  • Arrowhead Inn

    2.77 miles

  • Walmart Supercenter

    1.44 miles

  • Burlington

    1.64 miles

  • Price Chopper

    1.83 miles

  • Walmart Neighborhood Market

    2.71 miles

  • Big Lots

    2.92 miles

  • Price Chopper

    3.00 miles

  • Hy-Vee

    3.03 miles

  • Hong Kong Supermarket

    3.35 miles

  • Price Chopper

    3.40 miles

  • Abarrotes Durango

    3.52 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Quinn Hahs

Clemons Real Estate

(816) 621-2130