223 N Oak Street, Belton, MO 64012

Property Description

The Twin Oaks neighborhood in Belton, Missouri presents investors an opportunity to acquire cash flowing rentals in a growing submarket. These six duplexes are all either two bedroom or three bedroom townhome style units with one and a half bathrooms. Residents appreciate high-end upgrades, including new ceiling fans, LVP flooring, new countertops, and new appliances along with on site laundry, extra space in the basements for storage and/or a rec room, and ample green space in the neighborhood. Within the past 3 years, 11/12 units have been completely renovated by the current ownership. Units have separate meters for gas, electric, and water. Tenants pay trash. Landlord only pays property taxes, insurance, lawn care, and property management. Belton's rental market is thriving, thanks in part to the rapid growth of the intermodal center, a major logistics hub for distribution across the country. For example, if you've ever ordered dog food from a major pet supply company, your package likely came through the intermodal center's distribution center! The Belton submarket has a strong base of employed tenants with strong demand for larger renovated townhome rental units. Belton is a growing area with strong rental demand for renovated units near ample employment. Don't miss out on this special opportunity!