1515 Walnut St - Apartments FOR SALE


Kansas City, MO 64108- Crossroads
$4,999,000 USD
816-223-5560
1515 Walnut St, Kansas City, MO for Sale
$4,999,000 USD
Apartments - FOR SALE
1/28
null | 3.86% Cap Rate

1515 Walnut St
Kansas City, MO 64108
Crossroads


HIGHLIGHTS

  • The property features a 2500 sf penthouse home on the top floor. Tremendous views, great location. 1400 sf outdoor terrace with great views.
  • Property includes 8 income-producing units.
  • Property includes a ground level, indoor, heated parking garage for 11 cars. This is a premium feature in this neighborhood!

OVERVIEW

There is simply no other building like this in Kansas City. This is a once-in-a-lifetime chance to own a truly exceptional property. Located in the heart of the Crossroads Arts District, this 1946 building has been transformed by a leading KC design architect/owner into a masterpiece of sustainable urban living. The combination of it's prime location, unparalleled design, and panoramic views of the skyline sets it apart.The mixed-use building features six income producing apartments, each with a large balcony and garage parking space and storage, along with 2 street level retail spaces. Rooftop solar panels provide 50% of the power demands for the entire building. The owner's 2500 sq.ft. rooftop penthouse boasts a 1400 sq. ft. private terrace with green roof gardens and a dog friendly area. An additional 750 sq. ft. of accessory space located in the garage provides added amenity and flexibility. Eleven indoor, heated parking spaces, with 3 dedicated to the penthouse (including an electric vehicle charging station), and one space per rental unit, offer unmatched convenience and security. This building is a testament to vision and craftsmanship, offering a one of a kind living and investment experience. Located one block from the streetcar and the future South Loop Park and all of the amenities that the neighborhood offers: Movie theater, Grocery Store, T-Mobile Center, Kauffman Center for the Performing Arts, and a wide selection of restaurants and entertainment venues and possibly the new Royals Stadium! See supplements for Penthouse Highlights.

FOR SALE DETAILS

PRICE

$4,999,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

6

PRICE/UNIT

$833,167

CAP RATE

3.86%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C3A2

APN/PARCEL ID

29-230-29-18-00-0-00-000

ASK ABOUT THIS PROPERTY

Leslie TomlinsonWeichert Realtors, Welch & CompanyMore Info
816-223-5560

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

Leslie TomlinsonWeichert Realtors, Welch & CompanyMore Info
816-223-5560

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