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13900 Grandboro Ln
Grandview, MO 64030

$9,600,000 USD

Apartments For Sale • 117,563 SF

Property Details

Property Type Apartments
Total Building Size 117,563 SF
Lot Size 8.54 AC
Building Class C
Year Built 1974
Zoning R

0 Transit Score

20 Walk Score

                
                    Highlights
                
                                In place 6.95% CAP with assumable loan at 3.1% - eligible for supplemental with NOI increases
                            
                                Considerable organic rent upside given market comparables
                            
                                Diverse unit mix - studios, 1BR, 2BR, 3BR and townhome units (39% of mix - 3BR/4BR units)
                            
                                Stabilized asset with history of high occupancy - currently 93% occupied
                            
                                274 Parking Spaces | 8.8 Acres - excess land for development of units/amenities
                            
                                Call for Offers - Thursday, August 28th at 3PM CST

Property Flyers

Douglas Place OM 2025

Amenities

Air Conditioning
Balcony
Dishwasher
Disposal
Laundry Facilities
Property Manager on Site
Washer/Dryer Hookup
Heating
Ceiling Fans
Kitchen
Refrigerator
Carpet
Storage Space
Vinyl Flooring

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	274
Type:	Surface
Included in Rent:	Yes

Brice Bradshaw 913-219-7074 KCCommercial.net

13900 Grandboro Ln Grandview, MO 64030