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Multifamily

14 Units - Prospect

2025 Prospect Ave, Kansas City, MO 64127

Listing Price: $850,000

Number of Units
14
Price/Unit
$60,714

Investment Overview

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of a value add 14 unit apartment building on Prospect in Kansas City, Missouri. Located just east of Beacon Hill, the area is primed for redevelopment and affordable housing. The property is in need of a full renovation and all of the units are made up of 1 bedroom and 1 bathroom with approx. 640sqft per unit. Gross projected rent once the renovation is complete and the property stabilized is $143,976.

Investment Highlights

  • Stable tenancy with nearby hospital - once renovations are complete.
  • Located just east of Beacon Hill.
  • Value Add Opportunity - Renovation.

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Multifamily

14 Units - Prospect

Listing Price: $850,000

Number of Units
14
Price/Unit
$60,714

Investment Highlights

  • Stable tenancy with nearby hospital - once renovations are complete.
  • Located just east of Beacon Hill.
  • Value Add Opportunity - Renovation.

Investment Overview

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of a value add 14 unit apartment building on Prospect in Kansas City, Missouri. Located just east of Beacon Hill, the area is primed for redevelopment and affordable housing. The property is in need of a full renovation and all of the units are made up of 1 bedroom and 1 bathroom with approx. 640sqft per unit. Gross projected rent once the renovation is complete and the property stabilized is $143,976.

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

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