913-449-1272
1509 Walnut St, Kansas City, MO for Sale
Apartments - FOR SALE
1/24
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1509 Walnut St
Kansas City, MO 64108
Crossroads


HIGHLIGHTS

  • Class A+ boutique loft community in the Crossroad Arts District
  • Unique, open-concept loft units that average 1,219 sq ft
  • Attached secure parking structure
  • Walking distance to Kansas City Royals new stadium
  • Tax abatement through 2042
  • Offered free & clear on or subject to Fannie Mae loan at 4.01% (2033 maturity)

OVERVIEW

ATLAS LOFTS presents a rare opportunity to acquire a fully restored, boutique loft community in the heart of Kansas City’s dynamic Crossroads Arts District. This 16-unit brick-and-timber asset seamlessly blends historic character with modern luxury, offering expansive, design-forward residences with soaring ceilings, exposed brick, and authentic architectural detail, product that is virtually impossible to replicate today. Positioned one block from the streetcar and surrounded by the metro’s top employers, dining, and entertainment, Atlas Lofts delivers exceptional walkability and connectivity catering to discerning urban renters seeking authenticity. Residents are drawn to its unique layouts, private outdoor spaces, and curated amenities, including structured parking, fitness center, and wine storage. Benefiting from tax abatement through 2042, the asset benefits from reduced operating expenses and durable cash flow. Located at the epicenter of downtown’s multi-billion-dollar transformation, highlighted by the planned $3B Royals stadium and Luminary Park, Atlas Lofts offers investors a trophy, irreplaceable asset with stable income, assumable below market financing, and compelling long-term upside.

FOR SALE DETAILS

PRICE

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# OF UNITS

16

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Atlas Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2017

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,434 SF

ZONING

C-4

APN/PARCEL ID

29-230-29-15-00-0-00-000

ASK ABOUT THIS PROPERTY

Logan WeaverWalker & DunlopMore Info
913-449-1272

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Logan WeaverWalker & DunlopMore Info
913-449-1272

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.