1316 Admiral Boulevard, Kansas City, MO 64106

Property Description

Terrific opportunity to invest in this all brick 9-unit apartment building with high occupancy, long-term tenants, and the ability to add value by increasing to market rate rents, consolidating utility expenses, and/or adding affordable housing tenants. All units are studios with 2 different floorplans. 8 of the 9 units are currently leased. The unoccpuied unit is being kept vacant for showings.Positioned just minutes from some of Kansas Citys most dynamic destinations, this property is located less than 1 mile from Kansas City University Medical Campus, Downtown Kansas City, River Market, and the Columbus Park neighborhood. While the immediate area is still evolving, the location offers exceptional proximity to ongoing redevelopment, major employment centers, established neighborhoods, entertainment, and future growth opportunities throughout the urban core.