622 Hardesty Ave - Apartments FOR SALE


Kansas City, MO 64124- Lykins
$1,450,000 USD
913-444-0778
622 Hardesty Ave, Kansas City, MO for Sale
$1,450,000 USD
Apartments - FOR SALE
1/15
null | 7.01% Cap Rate

622 Hardesty Ave
Kansas City, MO 64124
Lykins


HIGHLIGHTS

  • Minutes from Downtown
  • Major CapEx Completed
  • Turnkey Investment

OVERVIEW

Turnkey 20-Unit Multifamily – High-Upside Kansas City Investment Fully renovated 20-unit apartment building featuring 8 one-bedroom units and 12 studios, offered at $1,450,000. The property is currently leased at 70% occupancy, with tenants being added to rent roll regularly. The unfinished basement has laundry, and offers additional upside — storage, community space, or additional units (buyer to verify). Located just minutes from downtown Kansas City, this asset combines modern updates, strong rental demand, and multiple value-add plays. Highlights: 20 units: 8 (1BR) + 12 (Studios) Fully renovated Prime location near downtown Basement offers expansion potential Strong KC rental market fundamentals An excellent opportunity for investors seeking a cash-flowing, value-add multifamily in a growing area.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

20

PRICE/UNIT

$72,500

CAP RATE

7.01%

% LEASED

70%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,445 SF

ZONING

-

APN/PARCEL ID

28-210-05-01-00-0-00-000

ASK ABOUT THIS PROPERTY

Jesse TaittKW Commercial Overland ParkMore Info
913-444-0778

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Jesse TaittKW Commercial Overland ParkMore Info
913-444-0778

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