511 Campbell St - Apartments FOR SALE


Kansas City, MO 64106- Columbus Park | 
$1,950,000 USD
913-308-0303
511 Campbell St, Kansas City, MO for Sale
$1,950,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

511 Campbell St
Kansas City, MO 64106
Columbus Park


HIGHLIGHTS

  • Gut renovation in 2022 by luxury home builder
  • Medium-term furnished rental generating $200,000 a year
  • Stunning 1,400 square foot shared rooftop deck
  • Panoramic city skyline views
  • Exceptional location in the heart of Columbus Park
  • Central heat and air conditioning

OVERVIEW

THE OPPORTUNITY Welcome to your newest Trophy property, the Columbus Park Four is a fully reimagined property in the heart of Kansas City’s most storied neighborhoods. Completely rebuilt in 2022 with all new electrical, plumbing and a luxury finish this exceptional asset blends the character of its historic structure with brand-new, high-end finishes throughout. Currently operating as a successful medium-term rental, the property generated a whopping $193,554 in the last twelve months, making it a rare turnkey opportunity with strong in-place cash flow. All units feature quartz countertops, custom cabinetry, and real hardwood floors—finishes typically reserved for luxury single-family homes. Designer tile, incredible fireplaces, and lighting. The all-electric building has central heat and air for each unit along with laundry in each unit. New construction quality built to modern code means minimal near-term capital needs for a new owner. The crown jewel of the property is a stunning 1,400 square foot rooftop deck, accessible to all four units via a dramatic central staircase. Offering sweeping views of the Kansas City skyline, the rooftop is a signature amenity that commands premium rents and distinguishes this property from anything else in the market. The Columbus Park Four is ideally positioned to continue as a high-performing medium-term rental or to be converted to long-term luxury leases with equally strong returns.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$413 USD /SF

# OF UNITS

4

PRICE/UNIT

$487,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbus Park Four

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

12-840-33-05-00-0-00-000

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.