106 Saratoga Avenue, Excelsior Springs, MO 64024
Local realty services provided by:ERA High Pointe Realty
106 Saratoga Avenue,Excelsior Springs, MO 64024
$999,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: simmonssales team, jake simmons
Office: re/max area real estate
MLS#:2607450
Source:MOKS_HL
Price summary
- Price:$999,000
About this home
Divine Property Management, LLC presents a 6-property residential investment portfolio totaling 8 rental units located throughout Excelsior Springs and Kansas City, Missouri. Offered as a PACKAGE SALE ONLY at $999,000, the portfolio consists of five single-family rental properties plus one triplex. Properties include 51 N Emerson St, Kansas City; 236 Valley St, Excelsior Springs; 1123 St Louis Ave, Excelsior Springs; 1125 St Louis Ave, Excelsior Springs; 1249 St Louis Ave, Excelsior Springs; and 106 Saratoga Ave, Excelsior Springs, a 3-unit property. The portfolio is currently 100% occupied across all 8 rental units and generates $8,525 in current scheduled monthly revenue, or $102,300 annually, based upon current contractual base rents plus recurring monthly pet fees. Seller-supplied annual operating expenses reflected in the portfolio analysis include property taxes of $6,318.40 and insurance of $7,097.00, totaling $13,415.40 and producing a simplified NOI of approximately $88,884.60. At the $999,000 offering price, this equates to an approximate 8.90% simplified going-in capitalization rate based upon the supplied tax and insurance expenses. 106 Saratoga participates in the Excelsior Springs Chapter 353 Tax Abatement District and includes seller-owned coin-operated laundry equipment providing supplemental income not included in the scheduled rental revenue stated above. Portfolio is owner-managed with no third-party property management currently in place. This offering provides investors an opportunity to acquire 8 occupied residential rental units through one coordinated acquisition. Comprehensive portfolio memorandum, lease information, tax, insurance, utility/appliance and seller due-diligence disclosures are available for qualified investor review. Buyer to independently verify all financial, property, lease and operating information during contractual due diligence....
Contact an agent
Home facts
- Year built:1900
- Subdivision & Development:Other
- Listing ID #:2607450
- Added:233 day(s) ago
- Updated:November 06, 2026 at 03:34 PM
Rooms and interior
- Kitchen Description:Dishwasher, Refrigerator
- Basement:Yes
Heating and cooling
- Cooling:Electric, Window Unit(s)
- Heating:Central Electric, Forced Air Gas
Structure and exterior
- Roof:Composition, Metal, Tar/Gravel
- Year built:1900
- Lot area:1.53 Acres
- Construction Materials:Frame
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,000
Features and amenities
- Appliances:Dishwasher, Refrigerator
Parking
- Parking description:Attached, Detached, Off Street
- Garage:Yes
New listings near 106 Saratoga Avenue
- Coming Soon
$250,000Coming Soon3 beds 3 baths1,460 sq. ft.614 Kountry Lane, Excelsior Springs, MO 64024
MLS# 2649847Listed by: REECENICHOLS-KCN - Coming Soon
$399,000Coming Soon3 beds 4 baths3,788 sq. ft.909 Bell Drive, Excelsior Springs, MO 64024
MLS# 2649328Listed by: RE/MAX INNOVATIONS - Coming Soon
$194,900Coming Soon3 beds 1 baths1,231 sq. ft.527 Isley Boulevard, Excelsior Springs, MO 64024
MLS# 2649237Listed by: RE/MAX AREA REAL ESTATE - New
$165,000Active3 beds 2 baths1,008 sq. ft.1007 W Saint Paul Avenue, Excelsior Springs, MO 64024
MLS# 2650224Listed by: REECENICHOLS - LEES SUMMIT - New
$269,950Active3 beds 2 baths2,198 sq. ft.1020 Sunset Strip Street, Excelsior Springs, MO 64024
MLS# 2650378Listed by: PLATINUM REALTY LLC - New
$160,000Active4 beds 1 baths1,428 sq. ft.426 Isley Boulevard, Excelsior Springs, MO 64024
MLS# 2649813Listed by: PLATINUM REALTY LLC - New
$187,000Active2 beds 1 baths884 sq. ft.233 S Kimball Street, Excelsior Springs, MO 64024
MLS# 2649252Listed by: WORTH CLARK REALTY - New
$15,000Active0.69 AcresLots 238-240 Fishing River Road, Excelsior Springs, MO 64024
MLS# 2649025Listed by: REECENICHOLS-KCN - New
$5,000Active0.22 AcresLot 234 Fishing River Road, Excelsior Springs, MO 64024
MLS# 2649031Listed by: REECENICHOLS-KCN - New
$5,000Active0.23 AcresLot 236 Fishing River Road, Excelsior Springs, MO 64024
MLS# 2649037Listed by: REECENICHOLS-KCN