Skip To Content

311 SE Grand Avenue

Lee's Summit, MO 64063
  • $4,500,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 2353282
$4,500,000
  • 0
    BEDS
  • 2.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Information

High School:
School District:

Description

A VERY RARE INVESTMENT OPPORTUNITY * Designated 55 and older community, 8 buildings of SINGLE LEVEL GARDEN apartment living * 41 fully leased units with over a year wait list * Location In the Heart of Lee's Summit with only 2 block walk to downtown LS * We have 19 (one) 1 bedroom units, 14 (two) 2 bedroom units, and 8 (two) 2 bedrooms and washers and dryers * 55 parking spaces concrete and asphalt parking lot * Handicap Accessible Living * PLUS an additional 2 bedroom option which was the office space sitting currently as storage. Roof 10 years old and various units have been updated * 2.52 acres * BELOW market rents with HUGE upswing for larger profits * Must consider the per door comparison valuation when determining values on this type of property as well

Monthly Payment Calculator



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and The Kedish Group at Keller Williams Realty do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-12-02T23:45:06.3.

www.kedishgroup.com/homes/122965643
Print Image

311 SE Grand Avenue Lee's Summit, MO 64063

  • Price: $4,500,000
  • Status: Active
  • On Site: 30 Days
  • ID#: 2353282
0
Beds
0
Baths
0
½ Baths
2.53
Acres
1978
Built
Neighborhood:
Lacy's Add
County:
Jackson
Area:
204 - Lee's Summit Area
High School:
Lee's Summit
School District:
Lee's Summit
Property Description
A VERY RARE INVESTMENT OPPORTUNITY * Designated 55 and older community, 8 buildings of SINGLE LEVEL GARDEN apartment living * 41 fully leased units with over a year wait list * Location In the Heart of Lee's Summit with only 2 block walk to downtown LS * We have 19 (one) 1 bedroom units, 14 (two) 2 bedroom units, and 8 (two) 2 bedrooms and washers and dryers * 55 parking spaces concrete and asphalt parking lot * Handicap Accessible Living * PLUS an additional 2 bedroom option which was the office space sitting currently as storage. Roof 10 years old and various units have been updated * 2.52 acres * BELOW market rents with HUGE upswing for larger profits * Must consider the per door comparison valuation when determining values on this type of property as well
Exterior Features

Construction Materials Wood Siding Garage YN No Parking Features Paved Road Responsibility Public Maintenance Road Surface Type Paved Roof Composition

Interior Features

Accessibility Features Accessible Approach With Ramp Appliances DisposalRefrigeratorBuilt-In Electric Oven Basement YN No Cooling Electric Cooling YN Yes Heating Electric Laundry Features Central LaundryInside Unit Type Type 1 Bedroom2 Bedroom Window Features Storm Window(S)

Property Features

Age Description 41-50 Years Association Amenities Clubhouse Association Fee 0 Association YN No In Flood Plain No Inside City Limits Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Description Building ExteriorHvacLawn Maintenance Provided YN Yes Possession Close Of Escrow Property Sub Type Apartment Restrictions Over 55 Security Features Smoke Detector(S) Sewer City/PublicPublic/City Tax Total Amount 23345 Telecommunication Cable - AvailableHigh Speed Internet - AvailableMetro Free Utilities Ind Heat And AirInd Water Heaters Water Source Public Zoning R-Apt

Listing information © 2021 Heartland MLS.
Listing courtesy of Keller Williams Platinum Prtnr.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and The Kedish Group at Keller Williams Realty do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-12-02T23:45:06.3.

 
https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_4_2353282-1.jpg https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_4_2353282-1.jpg https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_4_2353282-1.jpg
Logo
The Kedish Group at Keller Williams Realty
13671 S Mur-Len Road
Olathe KS, 66062