3708-3710 Southwest Tfwy - Apartments FOR SALE
Kansas City, MO 64111 |
3708-3710 Southwest Tfwy
Kansas City, MO 64111
HIGHLIGHTS
- Historic Midtown Asset: Classic 1920s brick building in the Roanoke neighborhood, surrounded by Westport, KU Med, and the Plaza.
- Stabilized Core Systems: Major capex completed—new roof, parking lot, electrical, water heaters, and structural upgrades—reducing near-term risk.
- Clear Rent Growth: Current average rents ($656–$805) trail market ($725–$945), offering a straightforward path to income growth through unit renovatio
- Operational Upside: RUBS utility recovery already in place; professional leasing and management can further tighten expenses and drive NOI.
- Positioned for Value-Add: Strong Midtown renter demand paired with light-to-moderate unit upgrades unlocks immediate revenue enhancement and long-term
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7929
STORIES
3
YEAR BUILT
1923
PARKING SPACES
12
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
30-310-20-16-00-0-00-000
