2712 E 26th St - Apartments FOR SALE


Kansas City, MO 64127- Washington Weatley
$635,000 USD
913-308-0303
2712 E 26th St, Kansas City, MO for Sale
$635,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

2712 E 26th St
Kansas City, MO 64127
Washington Weatley


HIGHLIGHTS

  • Historic 8-plex with Four 2 Bed/1 Bath and Four 1 Bed/1 Bath Units
  • Beautiful Hardwood Flooring and Classic Finishes Throughout
  • Major Capital Improvements Completed
  • Prior Seller Invested Heavily to Bring the Building to “Rent-ready” Condition
  • Laundry Hookups in the Basement

OVERVIEW

Parkplace West Apartments is a charming, well-maintained eight-unit building in a central Kansas City location. Originally built in 1910, the property features four spacious 2-bed/1-bath units and four 1-bed/1-bath units, all with beautiful original hardwood flooring that appeals to tenants seeking character. Each unit has its own private balcony. Current ownership has done the heavy lifting during their ownership: all mechanical systems and the roof have been replaced within the last seven years, the electrical panels have been updated, and all unit interiors have been updated. Laundry hookups are conveniently located in the basement. This classic eightplex offers stable cash flow in an established neighborhood with strong tenant demand from both market-rate and voucher tenants. The location provides excellent access to major employers and hospitals, including Saint Luke’s Health System, Children’s Mercy Hospital, University of Missouri-Kansas City (UMKC), and Rockhurst University. Cultural and recreational amenities abound—just minutes from the Nelson-Atkins Museum of Art, Kemper Museum of Contemporary Art, and Loose Park. With capital expenses complete and timeless appeal, Parkplace West Apartments delivers reliable income with low near-term maintenance needs and solid long-term appreciation potential in a desirable submarket!

FOR SALE DETAILS

PRICE

$635,000 USD

PRICE/SF

$88 USD /SF

# OF UNITS

8

PRICE/UNIT

$79,375

CAP RATE

Request Cap Rate

% LEASED

87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkplace West Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Multi-Family

APN/PARCEL ID

28-430-27-23-00-0-00-000

ASK ABOUT THIS PROPERTY

Michelle LutzLutz Sales + InvestmentsMore Info
913-308-0303

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Michelle LutzLutz Sales + InvestmentsMore Info
913-308-0303

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