Rare, Essentially New-Construction 10-Unit Asset Feasibility Study To BUILD ADDITIONAL UNITS Turnkey Investment No Anticipated CapEx for Years 10% Cap Rate This is a truly rare opportunity to acquire an essentially new-construction 10-unit property in Kansas City, MO. The building… Read More underwent a comprehensive, top-to-bottom renovation beginning in 2022, with all work properly permitted and approved. With every major system replaced, this asset offers years of low-maintenance ownership and immediate cash flow. Property Highlights: Fully renovated from the ground up — the foundation is the only original component Each unit features: Private full bathroom Individual mini-split HVAC system with heat pump and thermostat Luxury vinyl plank flooring Efficient kitchenette setup New R-13 fire suppression system installed All exterior water lines replaced with new 4 lines Designed for operational efficiency and long-term durability Zoning & Expansion Upside: Situated on 0.63 flat acres Zoned BC3-2, allowing for future expansion or redevelopment into residential, commercial, or additional multifamily units (FEASIBILITY STUDY COMPLETED & AVAILABLE UPON REQUEST) Prime Tenant Location: Directly on a bus stop Across the street from everyday essentials including: Grocery store Gas stations Gym Coffee shop Thrift store Highly walkable and transit-friendly, supporting strong tenant demand Financials: Ideal Use Cases: Sober living or group housing Voucher-based tenants with on-site management Workforce or transitional housing Investor seeking stable cash flow with future development upside This asset offers the rare combination of new-construction quality, strong current income, and significant expansion potential — all in a high-demand, amenity-rich location. Read Less
Listing Snapshot
Days Online
58
Property Type
Other
Lot Size
0.63 Acres
MLS Number
2598231
Additional Details
Appliances & Equipment
Description: "Cooktop", "Refrigerator"
Building
Construction Materials: "Board & Batten Siding"
Cooling
Details: "Other"
Exterior Features
Patio Features: "Deck"
Heating
Heating: "Heat Pump"
Home Owner's Association
Fee: 0
Lot
Size: 0.63
Parking
Parking Total: 15
Property
Zoning: B3-2
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Master Meters"
Listing courtesy of KW KANSAS CITY METRO 913-825-7500
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for 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. Listings last updated on ,
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