Oxford Commons is a 42 unit apartment complex in located in Independence, MO. It features 28 - 2BR x 1.5BA units, 12 - 1BR x 1BA units, and 2 studios and is near several highways, making it a great destination for work force housing. Throughout the current ownership, they have… Read More replaced two roofs (2022) and four plumbing stacks. Windows and sliders have also been replaced as needed; electrical wiring is copper. The property features two laundry facilities (machines owned by Jetz). Roughly 75% of the units have received renovations with only 9 receiving full scale renovations. This leaves a ton of value add potential for the next owner to keep pushing rents and provide housing in a highly respected pocket of Independence. Last but not least, there is an assumable loan in place. It's a Freddie Mac loan with a $2.16m loan balance, 3.25% fixed rate and doesn't mature until March of 2028. Read Less
Listing Snapshot
Days Online
3
Property Type
Apartment
Lot Size
1.49 Acres
MLS Number
2634173
Additional Details
Building
Construction Materials: Brick/Mortar
Cooling
Details: Electric
Heating
Heating: Forced Air
Home Owner's Association
Fee: 0, Dues Frequency: None
Lot
Size: 1.49
Property
Zoning: R2.5
Roof
Description: Synthetic
Sewer
Sewer: Unknown
Utilities
Water Source: City/Public - Verify, Utilities: Cent Water Heater, Ind Heat And Air, Ind Water Heaters
Listing courtesy of Peak Real Estate Partners, LLC 913-221-3590
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
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