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728 Jennings Rd
Independence, MO 64056 Randall

Price Upon Request

Apartments For Sale • 72,766 SF

Property Details

Property Type Apartments
Total Building Size 72,766 SF
Lot Size 1.7 AC
Building Class B
Year Built 1963
Zoning C-1

0 Transit Score

65 Walk Score

                
                    Highlights
                
                                ±123-unit multifamily property located in Independence, MO (Kansas City suburb)
                            
                                11-story mid-rise tower presents a desirable assortment of studio, one, and two-bedroom apartment homes
                            
                                Significant value-add opportunity! Current occupancy stands at ±63%,whereas the Independence/East KC submarket boasts an impressive 95% occupancy rate
                            
                                Stabilized Proforma NOI: ±$940k/year
                            
                                New ownership can quickly renovate existing & down units, and bring online top-floor units with prime views of the Kansas City skyline
                            
                                Numerous underutilized common areas can be transformed into a modern fitness room, resident lounge, and other revenue-generating spaces

Amenities

Air Conditioning
Cable Ready
Controlled Access
Clubhouse
Courtyard
Disposal
Fitness Center
Laundry Facilities
Picnic Area
Property Manager on Site
Storage Space
Heating
Grill
Refrigerator
Range
Views
Carpet
Elevator
Online Services
Window Coverings

Public Transportation

Commuter Rail	Drive	Walk	Distance
Independence Amtrak Station (Lincoln Service Missouri River Runner - Amtrak, Missouri River Runner - Amtrak)	11 min	-	4.7 mi
Airport	Drive	Walk	Distance
Kansas City International	41 min	-	29.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	55
Type:	Surface
Included in Rent:	Yes

728 Jennings Rd OFF MARKET Independence, MO 64056 Randall OFF MARKET