59 Unit Apartment Building For Sale For Sale

  • $4000000
  • 59 beds
  • 59 baths
  • 34944 sqft

Large 59 Unit Apartment Building For Sale in Hyde Park / Midtown!

The New Yorker apartments is a 59 unit apartment building in Midtown/Hyde Park, just one block east of Main Street where the new KC street car will be built.

This building is near 100% occupancy at all times. The building includes a managers office, multiple storage rooms, elevator, in house laundry facilities, covered porch…etc. The parking lot adjacent to building is leased which can be assigned at closing.

The owners also receive additional income from Laundry, parking, vending machine and window AC units. This building has significant upgrade with a new roof completed about 6 months ago.

The owners will consult on operations for the first couple of weeks after purchase if requested.

Please refer to the Virtual Tour and supplements for due diligence first. Please be patient when scheduling showings. Initial showings prior to offers will include showing the building, grounds, and any vacant units. Occupied units can be viewed after an accepted offer.

To see the virtual tour of the building (hundreds of pictures including a vacant 1 bedroom unit, a studio and an efficiency unit) – CLICK HERE.

To see the Investment Analysis Chart which shows the Monthly rent roll, 2019 P&L and more, CLICK HERE.

Questions? Call the listing agent, Scott Tucker. His contact information is below.

This is a Listing with Scott Tucker at Realty Resource
Direct: 816-284-7844
Office: 816-406-0701
Scott@RealtyResourceKC.com
www.RealtyResourceKC.com

Price:
$4000000
Address:
3521 Baltimore Ave
Kansas City, Missouri 64111
Square Feet:
34944
Lot Size:
.277
Bedrooms:
59
Bathrooms:
59
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1925
Basement:
full, unfinished
Const. Type:
Concrete/brick/steel
MLS #:
2240779

Call 913-735-0018 for more details

Property Location