Multifamily
Belton Crossing
108 E Hargis St, Belton, MO 64012
Listing Price: $7,200,000
Investment Overview
Marcus & Millichap is pleased to present Belton Crossing Apartments (“The Property”), an 80-unit apartments community located in Belton, Missouri. The Property was built in 1970 and consists of (4) one-bedroom / one-bathroom units, (73) two-bedroom / one-bathroom units, and (3) two-bedroom / one and a half bathroom units with an average square footage of 605. In 2018, The Property underwent a significant exterior renovation that included replacing the siding, roofs, balconies, and windows. Current ownership has implemented an interior renovation plan to the countertops, cabinets, flooring, carpet, and bathroom vanity. Washers and Dryers were also added to each unit along with new white appliances. Belton Crossing consists of (10) buildings and features a playground and grill area with plenty of green space in the middle of the complex.
Investment Highlights
- 70 Percent of Units Have Undergone Extensive Interior Renovation.
- New Roofs, Siding, Balconies, and Windows.
- 4.9 Percent Rent Growth Year to Date in Belton, Missouri
- Washers and Dryers in All Units
- Located in Kansas City Metro
- Value Add Opportunity
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $7,200,000
Investment Highlights
- 70 Percent of Units Have Undergone Extensive Interior Renovation.
- New Roofs, Siding, Balconies, and Windows.
- 4.9 Percent Rent Growth Year to Date in Belton, Missouri
- Washers and Dryers in All Units
- Located in Kansas City Metro
- Value Add Opportunity
Investment Overview
Marcus & Millichap is pleased to present Belton Crossing Apartments (“The Property”), an 80-unit apartments community located in Belton, Missouri. The Property was built in 1970 and consists of (4) one-bedroom / one-bathroom units, (73) two-bedroom / one-bathroom units, and (3) two-bedroom / one and a half bathroom units with an average square footage of 605. In 2018, The Property underwent a significant exterior renovation that included replacing the siding, roofs, balconies, and windows. Current ownership has implemented an interior renovation plan to the countertops, cabinets, flooring, carpet, and bathroom vanity. Washers and Dryers were also added to each unit along with new white appliances. Belton Crossing consists of (10) buildings and features a playground and grill area with plenty of green space in the middle of the complex.