200 W Gregory Blvd - Apartments FOR SALE


Kansas City, MO 64114- Armour Hills
$2,999,000 USD
816-806-9445
200 W Gregory Blvd, Kansas City, MO for Sale
$2,999,000 USD
Apartments - FOR SALE
1/12
null | 6.15% Cap Rate

200 W Gregory Blvd
Kansas City, MO 64114
Armour Hills


HIGHLIGHTS

  • The Romanelli Reserve is a brand new community located in the heart of a 100+ year old Brookside neighborhood.
  • Access to the property is a very walkable, with nearby shopping centers such as Brookside shops
  • The property is positioned as a high end rental option appealing to young professionals
  • The surrounding neighborhood offers a balance of suburban comfort and urban convenience, with access to parks, cultural attractions, and retail hubs.

OVERVIEW

Property Highlights Overview The Romanelli Reserve is a brand new community located in the heart of a 100+ year old Brookside neighborhood. Location & Accessibility Access to the property is a very walkable, with nearby shopping centers such as Brookside shops, Gregory shops, Romanelli shops, and Waldo shops; all within less than a mile. Property Features & Amenities Multiple balconies and patios with each unit Hardwood floors 10 foot ceilings GE appliances Full size washer and dryer Walk-in pantry Solid surface waterfall countertops Walk-in showers with custom glass doors and mirrors Dedicated parking and charging station Market Positioning The property is positioned as a high end rental option appealing to young professionals, empty nesters, small families, and long time neighborhood residents; looking to cash out of their 100+ year old house, and adopt a maintenance provided lifestyle; while remaining in the neighborhood that they call home. Neighborhood & Lifestyle Appeal The surrounding neighborhood offers a balance of suburban comfort and urban convenience, with access to parks, cultural attractions, and retail hubs. A neighborhood median home price of $400,000.00 makes The Romanelli Reserve an affordable option for those looking to experience a maintenance free home in the Brookside neighborhood of Kansas City.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

9

PRICE/UNIT

$333,222

CAP RATE

6.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Romanelli Reserve Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,883 SF

ZONING

B3-2 & R-6

APN/PARCEL ID

47-520-30-21-00-0-00-000

ASK ABOUT THIS PROPERTY

Marshal BlountBlock & Company, Inc.More Info
816-806-9445

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Marshal BlountBlock & Company, Inc.More Info
816-806-9445

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