3035 Harrison St - Apartments FOR SALE


Kansas City, MO 64109- Longfellow
$3,400,000 USD
913-308-0303
3035 Harrison St, Kansas City, MO for Sale
$3,400,000 USD
Apartments - FOR SALE
1/9
null | 7.7% Cap Rate

3035 Harrison St
Kansas City, MO 64109
Longfellow


HIGHLIGHTS

  • Prime Midtown Location — Hospital Hill, Crown Center & Martini Corner
  • Assumable Loan at 3.22% Interest Rate Until 2031
  • All Major Capital Expenses Completed — Plumbing, Electrical & Windows
  • On-Site Coin-Operated Laundry Room (Jetz Lease)
  • 30 Off-Street Parking Spaces — Rare For Midtown Kansas
  • Butterflymx Virtual Doorman + Keypad Entry | Google Fiber

OVERVIEW

Lutz Sales + Investments is pleased to present Harrison Haus, a 43-unit multifamily investment opportunity anchored in Kansas City’s Longfellow/Union Hill corridor — immediately east of Crown Center and Hospital Hill, and steps from the beloved Martini Corner dining district. Built in 1926, the classic all-brick building offers an attractive mix of 43 units along with 30 spot dedicated parking lot, individually metered electric, central HVAC, RUBS utility reimbursements and on-site laundry. The building offers 24 studios and 19 one-bedroom residences, unit types that rent up well in this walkable location so close to transit and in the heart of the City. All capital expenses have been done including roof, electrical, and windows. The property currently boasts a high in place cap rate along with future upside in rental rates. Adding to the investment appeal is exceptionally attractive assumable financing at a 3.22% interest rate, providing a rare opportunity to acquire a well-located Midtown asset with both immediate cash-flow and long-term value creation.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$127 USD /SF

# OF UNITS

43

PRICE/UNIT

$79,070

CAP RATE

7.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harrison Haus

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

-

APN/PARCEL ID

29-810-33-06-00-0-00-000

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.