1707 E 97th St - Apartments FOR SALE


Kansas City, MO 64131- Linden Hills & Indian Heights
$4,200,000 USD
913-444-0778
1707 E 97th St, Kansas City, MO for Sale
$4,200,000 USD
Apartments - FOR SALE
1/19
null | 7.5% Cap Rate

1707 E 97th St
Kansas City, MO 64131
Linden Hills & Indian Heights


HIGHLIGHTS

  • Strong occupancy with long-term tenants providing immediate, stable income
  • Below-market rents create a clear value-add path through strategic increases
  • Desirable 3 bed 2 bath layouts attract consistent renter demand
  • Updated interiors and low-maintenance exteriors support operational efficiency
  • Located near major employment, retail, schools, and transit corridors
  • Efficient floorplans and uniform unit mix streamline management and upkeep

OVERVIEW

Don't miss this exceptional opportunity to acquire a package of 28 townhomes located in South Kansas City, offering stable in place cash flow with clear upside potential. Each unit features 3 bedrooms and 2 bathrooms, making this a highly desirable unit mix that continues to attract long-term tenants at higher rent rates than 2 and 1 bedroom mixes. Some of the units also come with 2 separate living areas. The size and layout of these townhomes keep them in high demand. While the portfolio is well occupied with stable tenancy, some of the units have longterm tenants with below-market rents present a compelling value-add opportunity through rent increases as leases turn. The consistent floor plans allow for efficient management and streamlined maintenance.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

28

PRICE/UNIT

$150,000

CAP RATE

7.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Linden Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.58 AC

LAND SF

852,905 SF

ZONING

-

APN/PARCEL ID

48-630-01-07-00-0-00-000,48-630-03-91-00-0-00-000,48-640-03-34-00-0-00-000,48-640-03-98-00-0-00-000,48-640-03-99-00-0-00-000,48-640-04-36-00-0-00-000

ASK ABOUT THIS PROPERTY

Jesse TaittKW Commercial Overland ParkMore Info
913-444-0778

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Jesse TaittKW Commercial Overland ParkMore Info
913-444-0778

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