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Johnson Med Center Apartments3808 Booth Street # 2Kansas City,
KS 66103Market Price72 Units
Presented By Michael [email protected](913)
362-6996, Ext. 201
mailto:[email protected]
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Disclaimer This offering is subject to prior placement and
withdrawal, cancellation or modification without notice. This
information presented in this package is strictly confidential. It
is presented to and intended only
for the individual receiving it from OPG Ventures, LLC. and
should not be made available to anyperson without consent of OPG
Ventures, LLC.
This package has been prepared to provide summary information to
prospective purchasers. It doesnot, however, purport to present all
material information regarding the property. It is not a
substitutefor a thorough due diligence investigation. The
information contained herein has been carefullycompiled from
sources we consider reliable, and while not guaranteed as to
completeness oraccuracy, we believe it to be correct as of July
5th, 2020
OPG Ventures, LLC and Michael Napovanice strongly recommend that
any prospectivepurchaser conduct as in-depth investigation of every
physical and financial aspect of theproperty to determine if the
property meets their needs and expectations. We alsorecommend that
the prospective purchaser consult with their engineering, tax,
financial, andlegal advisors on any matters that may affect their
decision to purchase the property.
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Renovated Units
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Economy Units
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Economy One Bedroom
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Economy One Bedroom - Small
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Economy Two Bedroom
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Luxury One Bedroom - A
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Luxury One Bedroom - B
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Luxury Two Bedroom
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Pro-Forma Income Statement
NET OPERATING INCOME – 2018* $ 369,253NET OPERATING INCOME –
2019 $ 378,158
• 2018 real estate taxes increased over $60K a year.
PRO-FORMA NET OPERATING INCOME: $ 464,558
Cost to renovate 36 economy units: $ 432,000Install parking lot
gates: $ 48,000
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Orion Property Group Michael Napovanice
[email protected](913) 362-6996, Ext. 201fax (913)
384-9888
mailto:[email protected]
Johnson Med Center Apartments�3808 Booth Street # 2�Kansas City,
KS 66103�Market Price�72 UnitsSlide Number 2Slide Number 3Slide
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