Why Kansas City?
A number of unique market forces are coalescing to make Kansas City uniquely favorable for real estate investors right now. Kansas City home prices have appreciated over 14% in the last year (FHFA), and KC maintains one of the Top 10 Lowest Unemployment Rates in the U.S. among large MSAs. One of the main growth drivers is that Kansas City is being developed as a strategic rail-hub to serve all points in the U.S. and BNSF Railway Company is the anchor of a $1.45 Billion project that is already underway. Warren Buffet’s company Berkshire Hathaway has invested $44 Billion into freight transport run by BNSF. On top of that, the Cerner Corporation has begun construction on a $4.5 Billion campus that is expected to create 16,000 jobs. (Source: 435mag.com).
Property Highlights
- Fully-Renovated Single Family Homes
- Tenants and Local Property Management in Place as Condition of Closing
- $125,000 Average Purchase Price
- 6.5% Average Cap Rates
Market Highlights
- Multi-Billion Dollar Development Projects Around the City
- Job Creation
- Population Growth
- Increasing Rental Demand for Suburban Single Family Homes