Seller's Agent in 2023
Eric Savaiinaea
United Real Estate Kansas City
(816) 629-4494
1 in this area
10 Total Sales
The fountain plaza apartments sit directly in the middle of a rapidly expanding lake community with a total area population of approximately 90,000 people. It is well known that this community is experiencing tremendous growth due to affordability of living, combined with the close proximity to a very strong Kansas City job market. While current rents are below market, several key upgrades have recently been completed and goals are being met. Management has set in motion an 18 month plan-of-action that will position the property to perform at an 8+ cap. This opportunity will be right for any investor looking to own a big multifamily property with little out of pocket.
The seller will consider sale terms equivalent to cash and conventional financing. For more information, please contact the broker directly.
Key property upgrades since 2018 include the following:
new roofs on all three buildings
new patio sliding doors in every unit
new windows in every unit
newly remodeled units to include new lvp flooring, appliances, counters and the addition of washer/dryer in-unit
newly resurfaced and re-striped parking lot
approximately 15 units have been remodeled since 2018
Last Agent to Sell the Property
United Real Estate Kansas City License #2012042079 Listed on: 07/07/2022
Last Buyer's Agent
Karin Humbolt
United Real Estate Kansas City License #00052751
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | -- | -- | -- | |
| 09/20/2023 09/20/23 | Pending | -- | -- | -- | |
| 07/11/2023 07/11/23 | For Sale | $2,100,000 | 0.0% | -- | |
| 03/29/2023 03/29/23 | Pending | -- | -- | -- | |
| 11/03/2022 11/03/22 | Price Changed | $2,100,000 | -12.2% | -- | |
| 09/27/2022 09/27/22 | Price Changed | $2,393,000 | -4.3% | -- | |
| 07/07/2022 07/07/22 | For Sale | $2,500,000 | +56.3% | -- | |
| 01/29/2021 01/29/21 | Sold | -- | -- | -- | View Prior Sale |
| 11/17/2020 11/17/20 | For Sale | $1,600,000 | +42.2% | -- | |
| 03/23/2018 03/23/18 | Sold | -- | -- | -- | View Prior Sale |
| 10/24/2017 10/24/17 | For Sale | $1,125,000 | -10.0% | -- | |
| 08/12/2016 08/12/16 | Sold | -- | -- | -- | View Prior Sale |
| 07/23/2016 07/23/16 | Pending | -- | -- | -- | |
| 04/09/2015 04/09/15 | For Sale | $1,250,000 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,563 | $259,770 | $0 | $0 |
| 2024 | $12,563 | $228,970 | $0 | $0 |
| 2023 | $11,313 | $228,970 | $0 | $0 |
| 2022 | $10,226 | $203,800 | $0 | $0 |
| 2021 | $10,105 | $205,640 | $0 | $0 |
| 2020 | $9,877 | $174,540 | $0 | $0 |
| 2019 | $9,893 | $174,540 | $0 | $0 |
| 2018 | $9,707 | $171,270 | $0 | $0 |
| 2017 | $9,675 | $171,270 | $8,780 | $162,490 |
| 2016 | $8,422 | $148,600 | $8,780 | $139,820 |
| 2014 | -- | $148,600 | $0 | $0 |
| 2013 | -- | $148,600 | $0 | $0 |
Seller's Agent in 2023
Eric Savaiinaea
United Real Estate Kansas City
(816) 629-4494
1 in this area
10 Total Sales
K
Buyer's Agent in 2023
Karin Humbolt
United Real Estate Kansas City
Seller's Agent in 2021
Chuck Gray
RE/MAX
(660) 525-0393
13 in this area
51 Total Sales
N
Buyer's Agent in 2021
Non Member Non Member
Non Member Office
Seller's Agent in 2016
John Hill
RE/MAX
(660) 525-6627
51 in this area
93 Total Sales
Source: Heartland MLS
MLS Number: 2392166
Ask me questions while you tour the home.