$3,075,000
 $18,436 forsale estimated payment Sourced by Back At You

3937 Kenwood Avenue , Kansas City, MO 64110

Kansas City, MO 64110

Sharewithfriend

Description

BRAND NEW construction, Luxury 9-Unit Multifamily Property in a Coveted high end location! This prime investment features two-bedroom, two-bathroom units and is built with quality and style, featuring spacious open kitchens, modern finishes, private balconies, and breathtaking views of Gillham Park and the skyline. Every detail is crafted to appeal to renters seeking upscale living and convenience close to major Kansas City employers like H&R Block, American Century and Hallmark Cards. Kansas City’s multifamily sector is thriving, offering steady demand and attractive returns for real estate investors. Rental growth across Kansas City has consistently outpaced the national average, and new construction propertiesespecially luxury unitsare seeing high occupancy rates and top dollar rents. Recent data shows KC multifamily properties yielding average annual returns of 8-10%, making them an excellent addition to any portfolio. This property’s proximity to downtown Kansas City, the University of Kansas Hospital, Children’s Mercy Hospital, and Country Club Plaza ensures a steady pool of renters from various demographics, including young professionals, medical staff, and retirees. Residents will enjoy access to premier dining, shopping, and nightlife, while outdoor enthusiasts can unwind at nearby Gillham and Loose Parks. Cultural attractions like the nearby Nelson-Atkins Museum of Art add to the appeal, making this area highly desirable for both young professionals and retirees looking for a second home in KC. Designed for ease of ownership, the energy-efficient systems and high-quality construction ensure minimal maintenance, ideal for investors looking for hassle-free ownership. This luxury multifamily building blends the best of modern conveniences with a prime Kansas City locationresulting in high rental demand, low vacancy, and an attractive, sustainable income stream. Construction has just commenced and the very first tenants have started moving in.

Details

Mls2515721
Listing TypeFor Sale
StyleCon
SubtypeResale
StatusActive
Year2024
Days On Site32
Listing Provided ByLutz Sales + Investments | Michelle Lutz

Features

Storys3
Units9
ZoningR-1.5
Acreage0.11
Use of this site means you agree to the Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and the firm stated above do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.




Listings courtesy of Kansas City Regional Association of REALTORS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of December 11, 2024 at 11:33:31 PM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Request A Showing

Request A Showing

Loading Form
Listings Checked: 4 minutes ago

Contact

Learn More About This Property

StateMO
CountyJackson
CityKansas City
Zip Code64110
Area202 Kansas City Area (So. of River)
Community NameVanderbilt Place
School DistrictKansas City Mo
Listing VS Median (in Vanderbilt Place)
Price:
$3,075,000
low | high
Med:
$135,500
100% of Average
On Site:
32
low | high
Med:
26.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 1:27:05 AM PST