12322 3rd St | Grandview, MO 64030
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12322 3rd St
Grandview, MO 64030
Victory Park · Multifamily Property For Sale
·
104 Units
Investment Highlights
- Recently renovated 104-unit apartment complex positioned in the heart of Grandview, a highly sought-after suburb of Kansas City, Missouri.
- Advantageous investment opportunity for a new owner to acquire an income-producing, multi-family asset with high occupancy.
- The submarket boasts remarkable strengths such as supply constraints, a low cost of living, and increased rental demand.
- Exceptionally located three miles from the I-49/I-435/I-470 interchange and within minutes of a wealth of retail amenities.
- Value-add potential exists in the ability to grow rents to market rates, implement utility bill backs, and add onsite amenities.
- Nearby nationally acclaimed brands include McDonald’s, Subway, Chipotle, Starbucks, Petco, T.J. Maxx, Burlington, Ross Dress for Less, CVS, and more.
Property Facts
| No. Units | 104 | Building Size | 73,200 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1974/2022 |
| Building Class | B | Parking Ratio | 2.73/1,000 SF |
| Lot Size | 4.84 AC | ||
| Zoning | Residential | ||
| No. Units | 104 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.84 AC |
| Building Size | 73,200 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built/Renovated | 1974/2022 |
| Parking Ratio | 2.73/1,000 SF |
| Zoning | Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Courtyard
- Property Manager on Site
- Laundry Service
- Maintenance on site
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 73 | - | 675 |
| 2+1 | 31 | - | 800 |
Property Taxes
| Parcel Number | 64-820-03-20-00-0-00-000 | Improvements Assessment | $522,456 |
| Land Assessment | $30,349 | Total Assessment | $552,805 |
Property Taxes
Parcel Number
64-820-03-20-00-0-00-000
Land Assessment
$30,349
Improvements Assessment
$522,456
Total Assessment
$552,805
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