Apartments For Sale • 31,131 SF
Newly Renovated: All of City View at Splitlog’s units have been newly renovated. |
Desirable Location: City View at Splitlog is located in the heart of the Strawberry Hill neighborhood, minutes from downtown Kansas City. |
City View at Splitlog is currently 100% leased. New leases are being leased at the increased rental rates (1 BD - $1,100 / 2 BD $1,225). |
New ownership will have the opportunity to increase rates as they have not been increased in 2 years. |
With a current vacancy rate of just 3.5% in the area—well below market averages—demand for rental units remains high. |
Cap Rate: | 5.99 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Kansas City (Lincoln Service Missouri River Runner - Amtrak, Missouri River Runner - Amtrak, Southwest Chief - Amtrak) | 10 min | - | 4.6 mi |
Airport | Drive | Walk | Distance |
Kansas City International | 27 min | - | 17.9 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 30 |
Type: | Surface |
Included in Rent: | Yes |