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4401 W 107th St
Overland Park, KS 66207

$10,000,000 USD

Apartments For Sale  •  44,777 SF

Property Details

  • Property Type Apartments
  • Total Building Size 44,777 SF
  • Lot Size 2.35 AC
  • Building Class A
  • Year Built 1989
  • Cap Rate 5.76 %
  • Zoning CP2
0 Transit Score
53 Walk Score

Highlights

Occupancy is at 96.31% (2023 Avg. - 96.10% since 1/1/2020).
Rent has increased 15% in the last 30 months. RUBS increased by 33% in same period.
The loan is assumable, Freddie, 3.96% Fixed Rate, with a maturity date on 10/1/2029, Balance: $6,548,062.
NOI increased for 2 consecutive years, on track for 2024. T12 NOI is $96K over 2022.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $577,937 USD (2023)
Cap Rate: 5.76 %

Amenities

  • Air Conditioning
  • Heating
  • Wheelchair Accessible
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Elevator

Public Transportation

AirportDriveWalkDistance
Kansas City International 47 min - 36.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Chris Binkley 913-599-9351 AMG Commercial Realty
Chris Binkley 913-599-9351 AMG Commercial Realty