106 SARATOGA AvenueExcelsior Springs, MO 64024
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Divine Property Management, LLC presents a 7-property residential investment portfolio totaling 9 rental units located in Excelsior Springs and Clay County, Missouri. The portfolio includes six single-family rental homes and one triplex, and is being offered as a single package sale at $1,150,000. Properties included: 51 N Emerson St (Kansas City); 404 Salem Rd (EXSP); 236 Valley St (EXSP); 1123 St Louis Ave (EXSP); 1125 St Louis Ave (EXSP); 1249 St Louis Ave (EXSP); and 106 Saratoga Ave (EXSP-Triplex). The portfolio currently includes eight occupied units with one vacancy. All six single-family homes are leased, while the triplex at 106 Saratoga Ave has two units leased and one unit actively being marketed for rent. Based on current leases, the portfolio generates $102,900 in scheduled annual rental income. Annual operating expenses primarily consist of property taxes ($11,568) and insurance ($7,697) for total annual expenses of approximately $19,265, resulting in an estimated current net operating income of approximately $83,634. The properties are owner-managed, with no third-party property management currently in place. The triplex at 106 Saratoga Ave participates in the Excelsior Springs Chapter 353 Tax Abatement District. This offering provides investors the opportunity to acquire nine residential rental units through one coordinated acquisition rather than assembling individual properties separately. Portfolio is being offered as a PACKAGE SALE ONLY, with supporting financial documentation available for investor and lender review during the due diligence period.
| 4 hours ago | Listing updated with changes from the MLS® | |
| 6 hours ago | Listing first seen on site |
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and RE/MAX Area Real Estate do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration of the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
Terms of Use
Last checked 2026-03-17 10:40 PM CDT