4526 Brencrest Drive
4526 Brencrest Drive, Riverside, MO – 64150
Overview$625,000.00
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Residential Income
Property Type
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1960
Year Built
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 – 2×1 and 1 – 1×1. 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.
Features
- Brick & Frame
- Composition
