Properties

Property Description

Oxford Commons is a 42 unit apartment complex in located in Independence, MO. It features 28 – 2BR x 1.5BA units, 12 – 1BR x 1BA units, and 2 studios and is near several highways, making it a great destination for work force housing. Throughout the current ownership, they have replaced two roofs (2022) and four plumbing stacks. Windows and sliders have also been replaced as needed; electrical wiring is copper. The property features two laundry facilities (machines owned by Jetz). Roughly 75% of the units have received renovations with only 9 receiving full scale renovations. This leaves a ton of value add potential for the next owner to keep pushing rents and provide housing in a highly respected pocket of Independence. Last but not least, there is an assumable loan in place. It’s a Freddie Mac loan with a $2.16m loan balance, 3.25% fixed rate and doesn’t mature until March of 2028.

Features
Heating System:
Forced Air
Cooling System:
Electric
Parking:
Carport
Utilities:
Ind Heat And Air, Ind Water Heaters, Cent Water Heater
Sewer:
Unknown
Address Map
Zipcode:
64055
Street:
43rd
Street Number:
12407
Street Suffix:
Street
Longitude:
W95° 33' 58.9''
Latitude:
N39° 2' 36.6''
Street Dir Prefix:
E
Zoning:
R2.5
Directions:
Merge onto I-435 E ? Entering Missouri ? 4.9 mi Use the left 2 lanes to take the I-435 N exit toward Des Moines ? 0.1 mi Continue onto I-435 N ? 9.0 mi Use the right 2 lanes to take exit 63A to merge onto I-70 E toward St Louis ? 2.7 mi Use the 2nd from the right lane to take exit 11 toward Blue Ridge Blvd ? 0.2 mi ? Continue on E US Hwy 40. Drive to East 43rd St S 2 min (0.6 mi) Use the left lane to turn slightly right onto E US Hwy 40 ? 0.4 mi Turn left onto East 43rd St S
Mls Area Major:
206 - Independence Area
Neighborhood
High School District:
Independence
MLS Addon
Office Name:
Peak Real Estate Partners, LLC
Agent Name:
Nicholas Ambrosio
Tax Annual Amount:
$0
Association Fee:
$0
Additional Information
Stories Total:
3
Water Source:
City/Public - Verify
Construction Materials:
Brick/Mortar
Number Of Units Total:
42
Financial
Association Fee Frequency:
None
Listing Information
List Agent Mls Id:
413522407
List Office Mls Id:
PREPLLC
Listing Term:
Cash, Conventional, 1031 Exchange
Mls Status:
Active
Modification Timestamp:
2026-08-05T12:53:10Z
Originating System Name:
HMLS

Community: Sterling Estates, Residential Income For Sale

12407 E 43rd Street, Independence, Missouri 64055

$3,350,000
Listing ID #2634173
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
2634173
Price :
$3,350,000
Status :
Active
Property Sub Type :
Apartment
Contact Agent