Multifamily
14 Units - Prospect
2025 Prospect Ave, Kansas City, MO 64127
Listing Price: $850,000
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
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
