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Brentwood Plaza 109 E 40th St 30 Unit Apartment Building $2,500,000 ($83,333/Unit) Kansas City, MO 64111
Investment Highlights
- Prime Location – Next to Streetcar Line & Stop
- Mix Of One-Bedroom & Studio Units – Highest Income Per Square of Any Unit Type
- Comes with a Dedicated Parking Lot – Rare in the Neighborhood
- New Mini-Split Systems in All Units
- Durable Brick Building in Classic Kansas City Style
- Strong Tenant Demand with 100% Occupancy
Executive Summary
Brentwood Plaza is a stately building in the heart of Kansas City’s vibrant Westport neighborhood. Constructed in 1924 in a classic Kansas City style, the all-brick property features 13 on bedroom units and 17 studio units with original hardwood floors, ample closet space, newer vinyl windows, and keycode entry. Heating is via common gas boiler or the new mini split units which also cool. This building is separately metered for electric with common water and gas.
The building is next to a new KC Streetcar stop, with easy transit to the University of Missouri Kansas City (UMKC), H&R Block Headquarters, Truman Medical Center, Hallmark Cards Headquarters, and Children’s Mercy Hospital. This building is walkable to a growing corridor of local shops, restaurants, and businesses. With stable income and a proven rent-growth track record, Brentwood Plaza offers investors stable income in the rapidly growing central location of Kansas City.
The building is next to a new KC Streetcar stop, with easy transit to the University of Missouri Kansas City (UMKC), H&R Block Headquarters, Truman Medical Center, Hallmark Cards Headquarters, and Children’s Mercy Hospital. This building is walkable to a growing corridor of local shops, restaurants, and businesses. With stable income and a proven rent-growth track record, Brentwood Plaza offers investors stable income in the rapidly growing central location of Kansas City.
Property Facts
| Price | $2,500,000 | Building Class | C |
| Price Per Unit | $83,333 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 16,263 SF |
| No. Units | 30 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1924 |
| Apartment Style | Low-Rise | Parking Ratio | 0.74/1,000 SF |
| Zoning | R-1.5 | ||
| Price | $2,500,000 |
| Price Per Unit | $83,333 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 16,263 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1924 |
| Parking Ratio | 0.74/1,000 SF |
| Zoning | R-1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 17 | - | 390 |
| 1+1 | 13 | - | 465 - 650 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 30-230-27-03-01-0-00-000 | Improvements Assessment | $112,528 |
| Land Assessment | $9,090 | Total Assessment | $121,618 |
Property Taxes
Parcel Number
30-230-27-03-01-0-00-000
Land Assessment
$9,090
Improvements Assessment
$112,528
Total Assessment
$121,618
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