This multifamily asset in Raytown, Missouri, offers an established structure on a 0.6-acre lot in a residential neighborhood. Built in 1975, the property spans nearly 9,930 square feet across two stories, providing a solid base for repositioning or modernization to increase value. Located within the Kansas City metropolitan area, it benefits from steady regional economic growth and proximity to major thoroughfares, retail centers, and essential services.
The property provides ease of access to I-435, which connects to the broader Kansas City freeway network. Nearby commercial corridors include 350 Highway and Blue Ridge Boulevard, which host a range of shopping, dining, and service amenities. Raytown’s central location offers residents short commutes to major employment hubs in Kansas City while maintaining a suburban neighborhood feel. Investors can leverage the area’s diverse tenant demand and the potential to enhance finishes and common areas to increase rents and long-term returns. Managed and maintained by the owner for 23 years