4528 NW Brencrest Dr, Riverside, Missouri, United States

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Home For Sale

$620,000

4528 NW Brencrest Dr
Riverside, Missouri, United States

Listed By: Realtyww Info

Listed On: 07/26/2024

Listing ID: GL11851941 View More Details

Description

CALL CO-OP FOR MORE INFORMATION Can be purchased as a package or individually! Owner has recently installed mini-splits on all units! Torrey Woods is a 24-unit community consisting of three contiguous properties: 4520-4522, 4524-4526, 4528-4530 NW Brencrest Dr. The current unit mix is 23 2x1 and 1 1x1. There is a parking easement that allows for tenants to experience one to one off-street parking. Five units have received small upgrades that have resulted in a minimum of a $100 rent premium compared to units with basic finishes. Property comparables just up the street with nicer finishes are experiencing a $200+ increase in rental income per unit. Torrey Woods is a value-add investment opportunity located in the quiet suburb of Riverside, which is just minutes from Downtown, and neighbors A+ suburbs such as Briarcliff.

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Listed by: James Tiehen