Brice Bradshaw
This listing was posted on Brice Bradshaw (via ListedBuy).
$2,295,000
Kansas City, Jackson County, MO Homesites for sale Property ID: 418926229
Price:
$2,295,000
BR/BA:
Studio
Location:
109 E 40th Street, Kansas City, MO
Description:
Brentwood Plaza is a stately, low-rise 30-unit apartment complex situated just off Main Street in a historic neighborhood near the Nelson-Atkins Museum, the Kemper Museum of Contemporary Art and the Kansas City Art Institute. The brick exterior building stands 3-stories with newer vinyl windows, TPO roof and parking lot on the west side providing tenants 12 off-street spaces. The building is comprised of 18 studio units with an approximate unit size of 390 square-feet ( /-) and 12 1-bed/1-bath units with an approximate unit size of 465 square-feet ( /-). Built in 1924, the property’s location is anchored by the Arts District as well as universities, hospitals, local shops/restaurants and businesses. It is well positioned to take advantage of its location next to multiple stops on Main (39th, 43rd, & 45th) of the KC Streetcar Extension line. The extension starts in the Crossroads at Union Station and continues south to UMKC at 51st and will be completed in 2025. The building is currently owner-operated with a history of high occupancy. Current ownership acquired Brentwood in April of 2023 and has made significant progress in raising sales 25% through moderate make-readies, updates to the common area hallways/stairwells (paint, flooring & fixtures) and the implementation of utility fees to 80% of the units ($55). Other major expenditures include a 30th unit being put back into service (previously laundry room) with more modern finishes, a new sewer line section and updates to all plumbing valves. All units at the property have window units for cooling and radiator heat, mostly hardwood floors (some LVT), functional floorplans, good closet space, vinyl windows and keycode entry. The building is separately metered for electric and is on a common gas boiler. Copyright © 2024 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently. Still available at ListedBuy!
Property Type:
Open Houses
Amenities:
Wood Floors
For sale by:
Agent/Broker
Agent Name:
Brice Bradshaw
Posted:
March 1 on ListedBuy
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More About this Listing: Kansas City, Jackson County, MO Homesites for sale Property ID: 418926229
Kansas City, Jackson County, MO Homesites for sale Property ID: 418926229 is a Studio Open Houses Listing at 109 E 40th Street in Kansas City MO. Find other listings like Kansas City, Jackson County, MO Homesites for sale Property ID: 418926229 and listings near 109 E 40th Street by searching Oodle Classifieds for Studio Open Houses Listings in Kansas City MO.
Kansas City, Jackson County, MO Homesites for sale Property ID: 418926229 is a Studio Open Houses Listing at 109 E 40th Street in Kansas City MO. Find other listings like Kansas City, Jackson County, MO Homesites for sale Property ID: 418926229 and listings near 109 E 40th Street by searching Oodle Classifieds for Studio Open Houses Listings in Kansas City MO.