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6421 Manchester Ave
Kansas City, MO 64133 East Swope Highlands

$2,500,000 USD

Apartments For Sale  •  124,088 SF

Property Details

  • Property Type Apartments
  • Total Building Size 124,088 SF
  • Lot Size 8.26 AC
  • Building Class C
  • Year Built 1984
  • Zoning R4, Kansas City
30 Transit Score
30 Walk Score

Highlights

STARTING BID $2,500,000 | Park Highlands Apartments | 184 Units (HAP/LIHTC) | 68% Occupied | AUCTION OCTOBER 19-21
184-Unit Community Near Kansas City Core Eight buildings span ±124,088 SF on 8.30 acres, with I-435 access and downtown 10 miles away.
Lease-Up Potential at 67.4% Occupancy The 83 LIHTC-only apartments are 57.8% occupied, offering a clear path toward stabilization.
$1.19M Invested in Property Improvements Seller upgrades from 2023–June 2026 include interiors, appliances, flooring, HVAC, and exteriors.
Section 8 Support Across 101 Apartments HUD project-based rental assistance runs through November 2033; all 184 units carry LIHTC limits.
Pending HAP Request Targets 32.1% Growth If approved as submitted, annual contract income would rise by $223,932, from $698,088 to $922,020.

Amenities

  • Balcony
  • Business Center
  • Cable Ready
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Grill
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Views

Public Transportation

Commuter RailDriveWalkDistance
20 min - 10.0 mi
AirportDriveWalkDistance
Kansas City International 43 min - 33.1 mi
Adam Sklaver 301-706-4619 Marcus & Millichap
Adam Sklaver 301-706-4619 Marcus & Millichap