905 Broadway Blvd - Apartments FOR SALE


Kansas City, MO 64105- Library District
$4,495,000 USD
913-308-0303
905 Broadway Blvd, Kansas City, MO for Sale
$4,495,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

905 Broadway Blvd
Kansas City, MO 64105
Library District


HIGHLIGHTS

  • Incredible Walkable & Central Location in the Garment District
  • Boutique Asset with A-Class Finishes & Historic Charm
  • Luxury Gut Renovation to the Studs with All New Modern Building Systems
  • All-Electric Building with Sub-Metered Utilities Including Water
  • Luxury Tenant Amenities Include Rooftop Patio, Fitness Center & Parking Garage
  • Mixed-Use with Three Commercial Tenants on Ground Level

OVERVIEW

Mulberry Lofts is a charming mixed-use investment opportunity located in the heart of Downtown Kansas City. The property features 25 loft-style residential units and three commercial spaces, offering investors a diversified income stream in fast growing pocket of the city. Originally constructed in 1902 and completely renovated down to the studs in 2018, the building blends historic architecture with modern A-Class finishes. Residents are drawn to exposed brick, original wood detailing, and historic tin ceilings paired with contemporary upgrades such as waterfall stone islands, stainless steel appliances, and in-unit laundry. The property offers a best-in-class amenity package including a rooftop patio with skyline views, a fully equipped fitness center, an on-site parking garage, and secured entry. The beautifully designed lobby has charming original elements and a coffee bar for residents. Located in the heart of Downtown Kansas City, Mulberry Lofts offers walkable access to the KC Streetcar and a corridor serving over 65,000 jobs. With immediate access to the Downtown Loop, tenants can quickly reach major employers, entertainment districts, and key destinations across the metro. With professional management in place and 100% occupancy Mulberry Lofts provides immediate stable income with continued upside through rental growth and operational efficiencies in a thriving downtown location.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

25

PRICE/UNIT

$179,800

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mulberry Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1902

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

29-220-28-03-00-0-00-000

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.