913-515-0544
746 N 63rd St, Kansas City, KS for Sale
Multi-Family - FOR SALE
1/21
null | Request Cap Rate

746 N 63rd St
Kansas City, KS 66102
Coronado


HIGHLIGHTS

  • Original Developer Ownership Since the 1960s
  • Significant Revenue Upside Through Rents, Renovations, and Utility Recovery
  • Quality Construction and Consistent Ownership Maintenance
  • Direct Access to Major Employment and Retail
  • Minutes from the Future Home of the Kansas City Chiefs
  • Opportunity Zone, Qualified Census Tract, and Meaningful Development Optionality

OVERVIEW

As exclusive advisor, MMG Real Estate Advisors is pleased to present Anndell Park, a 68-unit multifamily community situated on approximately 22 acres in Kansas City, Kansas. The property was developed by its current ownership between 1966 and 1974 and has remained in their hands ever since, never having traded. Most units remain in classic condition, rents trail the market, and utilities flow through ownership without resident recovery, each representing a clear and immediate path to NOI growth for new ownership. The 22-acre site spans multiple parcels, each carrying RP-5 zoning and a multifamily highest-and-best-use designation, and sits within both an Opportunity Zone and a Qualified Census Tract in Wyandotte County. The market is anchored by the Kansas City Chiefs’ announced $3 billion domed stadium sited minutes from the property. Anndell Park presents a well-maintained asset with a straightforward operating upside story and a land position flexible enough to support new construction, parcel sales, or amenity development alongside ongoing apartment operations.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

68

CAP RATE

Request Cap Rate

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Anndell Park

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

018923

ASK ABOUT THIS PROPERTY

913-515-0544

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913-515-0544

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