This fantastic opportunity to own a well-maintained, 8-unit apartment complex ideally located near the vibrant Country Club Plaza, State Line Road, and KU Med is now available! Each spacious unit features 2 bedrooms, 1 full bathroom, a private balcony, and an open floor plan that creates a bright, welcoming atmosphere. The property includes 9 parking spots, providing ample space for tenants, as well as street parking. The building's full basement houses a convenient laundry facility for all residents as well as potential for storage units, both adding income for the owner. Units can be sold either furnished or vacant, offering flexibility to meet the needs of potential landlords/tenants, currently all 8 units are furnished. Significant renovations were completed approximately 6 years ago; including new HVAC systems, energy-efficient windows, fresh landscaping, updated entry doors, sliding doors, deck railings, and a variety of cosmetic improvements throughout the building. Roof is approx 8 years old, per Seller at their time of purchase. With its prime location and well-maintained features, this apartment complex presents a lucrative investment opportunity in one of Kansas City's most sought-after neighborhoods. Seller's intention is to continue to lease the basement/laundry if new Buyer is open to the idea at a rate of $1,000 per month. All projections of income and expenses are approximations; new owner/operator to confirm their Proforma numbers based on how they plan to utilize property. Seller is currently working on filling units for lease at approximately $1,472-1,800 per month depending on furnishings. Questions? Call Andrea Wardell 816-806-9492. Schedule a Private Showing

Listing courtesy of HMLS / Wardell & Holmes Real Estate

Last checked: Checking… • Last updated Jan 16, 2025 • Source: HMLS

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