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.