4700 Roanoke Pky - Apartments FOR SALE


Kansas City, MO 64112- West Plaza
$5,000,000 USD
816-508-7127
4700 Roanoke Pky, Kansas City, MO for Sale
$5,000,000 USD
Apartments - FOR SALE
1/20
null | 6.82% Cap Rate

4700 Roanoke Pky
Kansas City, MO 64112
West Plaza


HIGHLIGHTS

  • Kansas City's Premier Country Club Plaza Submarket
  • A Rare Opportunity to Own on the Country Club Plaza
  • Spacious, Well-Appointed Residences at a Boutique Scale
  • Clear Rent Upside Through Light Interior Upgrades
  • The Plaza Transformation – Acquiring at an Inflection Point
  • Timeless Reinforced Concrete and Steel Frame Construction

OVERVIEW

As exclusive advisor, MMG Real Estate Advisors is pleased to offer the opportunity to purchase The 4700, a 26-unit boutique mid-rise apartment community on Kansas City's Country Club Plaza, the metro's most prestigious and supply-constrained submarket, where assets are tightly held and rarely trade. Rising seven stories of reinforced concrete and steel, the property offers spacious residences, the majority two-bedroom, two-bath homes averaging more than 1,000 square feet, with stainless appliances, granite countertops, in-unit washers and dryers, and a private patio or balcony in every home, many overlooking the Plaza and its annual holiday light display. Renovated in 2012 and improved again by current ownership, The 4700 offers a clear path to rent premiums of more than $175 per month through light interior upgrades, an uncommon pairing of in-place income and near-term upside at a true Plaza address. The 4700 arrives at a defining moment for the district. In May 2026, the Kansas City Council unanimously approved Gillon Property Group's master plan for the Plaza, clearing the way for building heights up to 178 feet while preserving its signature Spanish-revival architecture. Public investment has followed, including the completed expansion of the KC Streetcar connecting the area to downtown and the riverfront, and the Royals' planned $2 billion ballpark district at Crown Center, two miles north, is set to reshape the urban core through the early 2030s. The 4700's next owner steps in precisely as the district's long-term trajectory is being reset.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$149 USD /SF

# OF UNITS

26

PRICE/UNIT

$192,308

CAP RATE

6.82%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The 4700

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

1950

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,795 SF

ZONING

R-5, Kansas City

APN/PARCEL ID

30-440-05-01-00-0-00-000

ASK ABOUT THIS PROPERTY

TJ WahlMMGMore Info
816-508-7127

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TJ WahlMMGMore Info
816-508-7127

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