50 Unit Multi-Family Portfolio

500 Gladstone Blvd Kansas City Missouri

For Sale
  • $2,100,000
  • Sq Ft: 500-1,500 SF
  • Land: .98 Acres

Description

Highlights Include:

• Compelling location: A 50-unit portfolio located on Gladstone Boulevard in the Scarritt Renaissance neighborhood of the Historic
Northeast in Kansas City.
• Excellent Area for Families: Many 2-3 bedroom units, just steps from Concourse Park, which was recently renovated and
includes a new multi-generational play-space comprised of upgraded basketball courts, new Futsal courts, and an embankment slide.
• Immediate Value-Add: Value-add opportunity through resolving deferred maintenance and increasing rents. Minimal in-unit
improvements needed.
• Diverse Unit Mix: Studios and 1 BR’s in higher demand metro wide, and larger historic units allow for highest rent potential long term.
• Favorable Investment Climate: The Kansas City Metro Multi-Family Market is experiencing in an influx of movement to the urban core
with rental rates at historical highs.

FULL MARKETING FLYER

Details

Price: $2,100,000
Address:500 Gladstone Blvd
City:Kansas City
State:Missouri
Zip Code:64124
Property Type:Multi-Family
Year Built:1913-1926
Square Feet:500-1,500 SF
Lot Size:.98 Acres

Location Map

Contact Us About This Listing

Richard Redding | Multi-Family photo
Richard Redding | Multi-Family

Office: 434-465-0265

Thomas Skevington | Commercial photo
Thomas Skevington | Commercial

Commercial

Office: 913-231-1086

3543 Broadway
Kansas City, Missouri 64111

Contact Richard Redding| Multi-Family Specialist