11601 E Us Highway 24 Highway
Independence, MO 64054

Strong income-producing rental property with low property taxes and long-term tenants. CAP Rate is at 11.5% at current listing price. Owner is willing to stay on for two months after the sale to help with the transition. Approximately one-third of tenants are voucher holders, eligible for rental increases, providing immediate value-add potential. Stable cash flow with upside opportunity. Property is back on the market due to previous buyers financing terms not coming back as he had hoped. Inspections never took place. Updated rent roll as of 2/5/26 uploaded. Current rent just under $22k/monthly. Listing agent is part owner. Both sellers are active real estate agents.

Listings courtesy of Heartland Multiple Listing Service, Inc. as distributed by MLS GRID. Listing Agent: Stephanie Sparks, 417-689-1559 | Office: Platinum Realty LLC

Welcome!

Kansas City Regional Homes, Inc

913-538-6900

Welcome!

Kansas City Regional Homes, Inc

913-538-6900

Listings courtesy of Heartland Multiple Listing Service, Inc. as distributed by MLS GRID.
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11601 E Us Highway 24 Highway Independence, MO 64054

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11601 E Us Highway 24 Highway
Independence, MO 64054