51 Townhome Units & 20 Pad Site Ready Lots Zoned for Duplex Townhomes

in Kansas City, Missouri

Asking Price: $6,950,000

Total Units: 51 Townhome Units

Total Lots: 20 Lots for 40 Units

Rentable Area: 81,600 Sq. Ft.

Year Built: 2006

Contact Information: United Country – Commercial

Brian Lensing, Sales Associate

800-895-4430 – Office

314-803-1103 – Cell

BrianL@MissouriLandAndHome.com

www.UnitedCountryCommercial.com

Holly Ridge is ideally positioned to take advantage of the natural amenities inherent to its location. Furthermore, Holly Ridge when

coupled with its close proximity to employment and retail hubs, allows the subject to compete aggressively in its submarket.

Location Analysis

The Northland

The booming Northland provides many visitors with their first glimpse of Kansas City. The city's largest airport, Kansas City

International, is situated in this area, while rolling hills and farmland are just minutes away. Several hotels, including the Kansas City

Airport Hilton and Embassy Suites Hotel KCI Airport, are within walking distance of the airport and offer easy access to I-435. A booming

economy has made the Northland an area of widespread growth, with new houses and businesses added regularly. Visitors staying close

to the airport do not have to venture far in search of fun. The area is packed with shopping centers, strip malls and restaurants,

including Paradise Grill, Jazz, Chappell's Restaurant & Sports Museum, Rembrandt's, Smokehouse Barbecue North and Stroud's

Restaurant.

Clay County is one of two counties that comprise the Northland

region of metropolitan Kansas City.

With scenic rolling hills and a strong rural heritage, Clay

County is the scene of some of the area's most exciting

residential developments. World-class golf facilities and

imaginative, self-contained communities are among the most

recent developments.

Clay County features huge transportation advantages and boasts

a rapidly growing employment base. For entertainment,

everything from the famous Worlds of Fun amusement park to

gaming casinos and the 7,200-acre Smithville Lake are

available.

Education is one of the region's strong points. William Jewell

College, recently honored by Time Magazine, is located in

Liberty while Maple Woods Community College is in Kansas

City. Local public schools are among the best in the entire

metro area while a wide range of private choices are also

available.

Population and Households

Population by Age

1990 2000 2001 2006

17 and Under 39,552 – 26% 47,530 – 26% 46,550 – 25% 48,426 – 24%

18-34 43,347 – 28% 44,348 – 24% 43,360 – 23% 45,010 – 23%

35-54 41,653 – 27% 56,541 – 31% 59,768 – 32% 61,355 – 31%

55-74 22,952 – 15% 26,626 – 14% 28,330 – 15% 33,809 – 17%

75 and Over 5,907 – 4% 8,961 – 5% 8701 – 5% 10,696 – 5%

Total 153,411 184,006 186,709 199,296

Median Age 32.8 35 35.1 36.2

1990 2000 2001 2006

$0 – $34,999 30,101 – 51% 23,981 – 33% 23,009 – 32% 19,728 – 25%

$35,000 - $49,999 13,352 – 23% 13,638 - 19% 12,933 – 18% 12,974 – 17%

$50,000 - $74,999 10,822 – 18% 17,750 – 24% 18,822 – 26% 19,942 – 26%

$75,000 + 4,723 – 8% 17,244 – 24% 17,461 – 24% 24,826 – 32%

Total # of Households 58,998 72,613 72,225 77,473

Median Income $34,370 $48,347 $50,209 $56,988

Households by Income

Commute Time

Under 15 minutes 26,400 33%

15 – 29 minutes 26,427 33%

Over 30 minutes 26,524 33%

Mean commute 22 minutes

Main Floor Second Floor

Indicates

Development Lots

3 BR Units Year Built Sq. Ft./Unit Rent/Unit Rent/Sq. Ft. Notes

The Ethans 2001 1,141 $1,005 $0.88 Apartments

Falcon Falls 2003 1,600 $1,375 $0.85 2 car garage

Tiffany Hills 2006 1,516 $1,089 $0.72

Unit Name Monthly Rent Lease Status End Date 7700 N. Mercier St. $1,049.00 Active 8/30/2014 7701 N. Mercier St. $1,095.00 7702 N. Mercier St $1,049.00 Active 4/30/2015 7703 N. Mercier St $1,095.00 Active 7/31/2015 7705 N. Mercier St. $1,095.00 7707 N. Mercier St. $1,095.00 Active 12/1/2014 7708 N. Mercier St. $1,095.00 7709 N. Mercier St. $1,095.00 Active 5/31/2015 7710 N. Mercier St. $1,095.00 Active 8/31/2015 7711 N. Mercier St. $1,095.00 Active 1/1/2016 7714 N. Mercier St. $1,095.00 7715 N. Mercier St. $1,095.00 Active 2/28/2015 7716 N. Mercier St. $1,095.00 Active 7/31/2015 7717 N. Mercier St. $1,049.00 Active 8/30/2015 7720 N. Mercier St. $1,095.00 Active 7/31/2015 7721 N. Mercier St. $0.00 Active 8/31/2015 7722 N. Mercier St. $1,095.00 Active 1/31/2015 7723 N. Mercier St. $0.00 Active 11/30/2016 7724 N. Mercier St. $995.00 Active 9/30/2014 7725 N. Mercier St. $1,095.00 Active 7/1/2015 7726 N. Mercier St. $1,040.00 Active 8/1/2015 7727 N. Mercier St. $1,095.00 Active 10/31/2014 7728 N. Mercier St. $1,095.00 Active 8/1/2014 7729 N. Mercier St. $1,095.00 Active 12/31/2014 7730 N. Mercier St. $1,095.00 Active 5/31/2015 7731 N. Mercier St. $995.00 Active 9/1/2013 7732 N. Mercier St. $1,095.00 Active 1/31/2015 7734 N. Mercier St. $1,095.00 Active 9/1/2013 7743 N. Mercier St. $1,095.00 Active 2/28/2015 7744 N. Mercier St. $995.00 Active 2/28/2014 7746 N. Mercier St. $1,049.00 Active 3/31/2015 7750 N. Mercier St. $1,095.00 Active 8/1/2015 7752 N. Mercier St. $1,095.00 Active 2/1/2015 7753 N. Mercier St. $0.00 Active 8/31/2015 7755 N. Mercier St. $0.00 Active 9/30/2015 7756 N. Mercier St. $1,095.00 Active 1/31/2015 7758 N. Mercier St. $995.00 Active 2/28/2014 7759 N. Mercier St. $1,095.00 Active 11/1/2012 7761 N. Mercier St. $1,095.00 Active 3/31/2015 7762 N. Mercier St. $1,095.00 Active 6/30/2015 7765 N. Mercier St. $1,095.00 Active 5/31/2015 7767 N. Mercier St. $1,095.00 Active 11/30/2014 7770 N. Mercier St. $1,095.00 Active 7/31/2015 7771 N. Mercier St. $1,045.00 Active 9/1/2015 7772 N. Mercier St. $1,095.00 Active 2/28/2015 7773 N. Mercier St. $1,095.00 Active 10/1/2015 7776 N. Mercier St. $1,195.00 Active 11/30/2014 7777 N. Mercier St. $1,095.00 Active 8/1/2015 7778 N. Mercier St. $1,095.00 Active 5/31/2015 7779 N. Mercier St. $1,095.00 Active 12/31/2014 7741 N Mercier St $1,095.00 Active 3/13/2015

Rent

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