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Lawn Apartments 118-148 N Lawn Ave 48 Unit Apartment Building $2,150,000 ($44,792/Unit) Kansas City, MO 64123
Investment Highlights
- 100% Two Bedroom Units
- Dedicated Parking Lot Behind the Building
- Solid Brick Construction
- Luxury Rehab
- Central Heat and Brand-new Furnaces
- Newer TPO Roofs
Executive Summary
Discover Lawn Apartments, a 48-unit gem built to last in Kansas City’s Historic Northeast. With all two-bedroom units, on-site parking, and a luxury renovation in the last 12 months this building offers an incredible investment opportunity.
Units feature new LVP flooring, modern kitchen cabinetry, updated fixtures, and tile showers in oversized bathrooms. Submetered for all utilities except water, this complex sits just outside downtown in an established neighborhood, providing seamless access to all that Kansas City has to offer. Do not miss your chance to own Lawn Apartments!
Units feature new LVP flooring, modern kitchen cabinetry, updated fixtures, and tile showers in oversized bathrooms. Submetered for all utilities except water, this complex sits just outside downtown in an established neighborhood, providing seamless access to all that Kansas City has to offer. Do not miss your chance to own Lawn Apartments!
Property Facts
| Price | $2,150,000 | Building Class | C |
| Price Per Unit | $44,792 | Lot Size | 0.60 AC |
| Sale Type | Investment | Building Size | 47,760 SF |
| No. Units | 48 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1905/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.26/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-2.5 - Commercial | ||
| Price | $2,150,000 |
| Price Per Unit | $44,792 |
| Sale Type | Investment |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 47,760 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1905/2024 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | R-2.5 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 48 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-820-20-25-00-0-00-000 | Improvements Assessment | $105,916 |
| Land Assessment | $15,952 | Total Assessment | $121,868 |
Property Taxes
Parcel Number
13-820-20-25-00-0-00-000
Land Assessment
$15,952
Improvements Assessment
$105,916
Total Assessment
$121,868
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