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The Burge Apartments 135 N Lawn Ave 13 Unit Apartment Building $895,000 ($68,846/Unit) Kansas City, MO 64123
Investment Highlights
- Updated Appliances & Finishes Including Stainless Appliances
- Charming Brick Building
- Desirable Mix of Voucher & Market Rate Tenants
- New Cabinets and Tile Backsplashes
- New TPO Roof with 20 Year Warranty
Executive Summary
The Burge Apartments is a charming building constructed in 1910 and fully renovated in 2023. This historic gem offers 13 one-bedroom units, each updated with LVP flooring, modern appliances, and classic finishes. All units have been completely revamped, featuring new floors, fresh paint, updated HVAC systems, and contemporary fixtures. The new TPO roof comes with a 20 year warranty.
Tenants enjoy the peaceful setting, close to local schools, with easy access via KC Metro Public Transportation. You’re just a short trip from the excitement of Downtown and the River Market. Limited parking is available around the side and back of the building. Don’t miss this special opportunity!
Tenants enjoy the peaceful setting, close to local schools, with easy access via KC Metro Public Transportation. You’re just a short trip from the excitement of Downtown and the River Market. Limited parking is available around the side and back of the building. Don’t miss this special opportunity!
Property Facts
| Price | $895,000 | Building Class | C |
| Price Per Unit | $68,846 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 10,590 SF |
| No. Units | 13 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2023 |
| Apartment Style | Low-Rise |
| Price | $895,000 |
| Price Per Unit | $68,846 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 10,590 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2023 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | - |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-820-21-03-00-0-00-000 | Improvements Assessment | $71,689 |
| Land Assessment | $6,971 | Total Assessment | $78,660 |
Property Taxes
Parcel Number
13-820-21-03-00-0-00-000
Land Assessment
$6,971
Improvements Assessment
$71,689
Total Assessment
$78,660
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