Meadow Lane

Belton, MO 64012

$2,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Back on the market, no fault of the seller or property as of 12/7.. Great multi family investment property! This 16 unit package includes 10, 2 bed and 6, 3 bed units, all with attached garage and driveway space. These units are all in excellent condition and all very well maintained. Close to great restaurants, shopping and schools. Each unit has it's own laundry room and a nice spacious floor plan. This package of 16 is all in the same area so makes management super easy!Back on the market, no fault of the seller or property as of 12/7.. Great multi family investment property! This 16 unit package includes 10, 2 bed and 6, 3 bed units, all with attached garage and driveway space. These units are all in excellent condition and all very well maintained. Close to great restaurants, shopping and schools. Each unit has it's own laundry room and a nice spacious floor plan. This package of 16 is all in the same area so makes management super easy!
  1. Listed by Kevin Foster • ReeceNichols - Eastland • 816-835-1791

Property Details for Meadow Lane

Zoning
MULTI
LISTING UPDATED: 01/25/2024 11:16 AM

Property Details for Meadow Lane

StatusActive
MLS #2393125
Days on Market619
Taxes$17,525 / year
HOA Fees$1,120 / month
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential Income / Package of Properties
Year Built1998
Lot Size1.60 AC / 69,696 SF
CountyCass County

Building Information for Meadow Lane

Stories2Residences16Year Built1998Lot Size1.60 AC / 69,696 SF

Property Information for Meadow Lane

Summary
Location and General Information
  • City: Belton
  • County Or Parish: Cass
  • Directions: Y Hwy (or Cedar Street) South of 58 Hwy to Cambridge Road. West on Cambridge Road to Cambridge Meadow Drive.
  • Latitude: 38.799553
  • Longitude: -94.534733
  • MLS Area Major: 208 - Cass County, Mo
  • Zip Code: 64012
  • State Or Province: MO
  • Subdivision: Cambridge Meadows
Taxes and HOA Information
  • Association Fee: $1,120.00
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Tax Abatement YN: No
  • Tax Comment: 202
  • Tax Special Amount: 0
  • Tax Annual Amount: $17,525.00
  • Parcel Number: 999999
  • Tax Annual Amount: $17,525.00
School Information
  • High School District: Belton
Parking
  • Garage: Yes
  • Parking Features: Attached, Garage, Off Street
Property
Lot Information
  • Lot Size Area: 1.60
  • Lot Size Source: Listing Agent
  • Lot Size SqFt: 69,696.00
  • Lot Size Units: Acres
Property and Assessments
  • Construction Materials: Frame
  • Documents Available: Financial Details
  • Documents Count: 1
  • Age Description: 21-30 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: Cambridge Meadows
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 4
  • Year Built: 1998
Utilities
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Electric: Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Laundry Features: Inside
  • Possession: Funding
  • Road Surface Type: Paved
  • Roof: Composition
Interior Features
  • Basement YN: No
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom,3 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Forced Air
  • Telecommunications: Cable - Available, Metro Free
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 16
Income & Expenses
  • Gross Income: $164,564.00
  • Maintenance Provided YN: No
  • Operating Expense: $41,564.00
  • Operating Expense Includes: Accounting, Maintenance, Real Estate Tax
Unit 1
  • Unit Type: Type: 3 Bedroom
  • Unit Type: Units Total: 6
Unit 2
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 10
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Coffelt Land Title
  • Existing Lease Terms: One Year Lease

Property History for Meadow Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Meadow Lane

This home is within Belton School District #124.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Cambridge Elementary School
PublicK to 4

Mill Creek Upper Elementary School
Public5 to 6

Belton Middle School/Freshman Center
Public7 to 8

Belton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Meadow Lane is for sale in Belton, MO 64012. This property was listed for sale on July 12, 2022 by ReeceNichols - Eastland, it's currently listed at $2,500,000. This listing's school district is Belton School District #124. Nearby schools include Cambridge Elementary School, Mill Creek Upper Elementary School and Belton Middle School/Freshman Center. Meadow Lane is a 0-bed, 0-bath, built in 1998.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ReeceNichols - Eastland

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.