Holly Ridge Townhomes and Development Lots

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51 Townhome Units & 20 Pad Site Ready Lots Zoned for Duplex Townhomes in Kansas City, Missouri

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Asking Price: Total Units: Total Lots: Rentable Area: Year Built:

 Contact

$6,950,000 51 Townhome Units 20 Lots for 40 Units 81,600 Sq. Ft. 2006

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 Median Age

153,411

184,006

186,709

199,296

32.8

35

35.1

36.2

Households by Income 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

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

The Ethans

2001

Falcon Falls Tiffany Hills

Sq. Ft./Unit

Rent/Unit

Rent/Sq. Ft. Notes

1,141

$1,005

$0.88

Apartments

2003

1,600

$1,375

$0.85

2 car garage

2006

1,516

$1,089

$0.72

Unit Name 7700 N. Mercier St. 7701 N. Mercier St. 7702 N. Mercier St 7703 N. Mercier St 7705 N. Mercier St. 7707 N. Mercier St. 7708 N. Mercier St. 7709 N. Mercier St. 7710 N. Mercier St. 7711 N. Mercier St. 7714 N. Mercier St. 7715 N. Mercier St. 7716 N. Mercier St. 7717 N. Mercier St. 7720 N. Mercier St. 7721 N. Mercier St. 7722 N. Mercier St. 7723 N. Mercier St. 7724 N. Mercier St. 7725 N. Mercier St. 7726 N. Mercier St. 7727 N. Mercier St. 7728 N. Mercier St. 7729 N. Mercier St. 7730 N. Mercier St. 7731 N. Mercier St. 7732 N. Mercier St. 7734 N. Mercier St. 7743 N. Mercier St. 7744 N. Mercier St. 7746 N. Mercier St. 7750 N. Mercier St. 7752 N. Mercier St. 7753 N. Mercier St. 7755 N. Mercier St. 7756 N. Mercier St. 7758 N. Mercier St. 7759 N. Mercier St. 7761 N. Mercier St. 7762 N. Mercier St. 7765 N. Mercier St. 7767 N. Mercier St. 7770 N. Mercier St. 7771 N. Mercier St. 7772 N. Mercier St. 7773 N. Mercier St. 7776 N. Mercier St. 7777 N. Mercier St. 7778 N. Mercier St. 7779 N. Mercier St. 7741 N Mercier St

Monthly Rent $1,049.00 $1,095.00 $1,049.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,049.00 $1,095.00 $0.00 $1,095.00 $0.00 $995.00 $1,095.00 $1,040.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $995.00 $1,095.00 $1,095.00 $1,095.00 $995.00 $1,049.00 $1,095.00 $1,095.00 $0.00 $0.00 $1,095.00 $995.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00 $1,045.00 $1,095.00 $1,095.00 $1,195.00 $1,095.00 $1,095.00 $1,095.00 $1,095.00

Lease Status Active

End Date 8/30/2014

Active Active

4/30/2015 7/31/2015

Active

12/1/2014

Active Active Active

5/31/2015 8/31/2015 1/1/2016

Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

2/28/2015 7/31/2015 8/30/2015 7/31/2015 8/31/2015 1/31/2015 11/30/2016 9/30/2014 7/1/2015 8/1/2015 10/31/2014 8/1/2014 12/31/2014 5/31/2015 9/1/2013 1/31/2015 9/1/2013 2/28/2015 2/28/2014 3/31/2015 8/1/2015 2/1/2015 8/31/2015 9/30/2015 1/31/2015 2/28/2014 11/1/2012 3/31/2015 6/30/2015 5/31/2015 11/30/2014 7/31/2015 9/1/2015 2/28/2015 10/1/2015 11/30/2014 8/1/2015 5/31/2015 12/31/2014 3/13/2015

Rent Rolls