217 & 219 N Oak Dr, Belton, MO 64012

Description: The Twin Oaks two duplex package allows investors to buy in the in-demand submarket of Belton, MO. Belton has a solidly employed tenant base who can’t get enough of renovated units. The two-bedroom and 1.5-bath units rent very well and have exactly what tenants look for – on-site laundry, at least one extra bedroom and bathroom along with yard space. This package includes 2 duplexes, a total of 4 units that are all currently leased at an average rent of $936/mo with a market rent $1,100/mo. This rent is already being achieved on one of the units with another nearly at this rate! Why we love it: Low owner expenses and the liquidity of two separate duplexes. This is being sold as a package only, it will require a commercial loan or cash purchase. No upcoming vacancy to allow for owner-occupants.