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Lincrest 1614-1620 E Linwood Blvd 19 Unit Apartment Building $2,150,000 ($113,158/Unit) Kansas City, MO 64109
Investment Highlights
- 16 - 2 BR / 1 BA units, 3 - studio units, all large floorplans
- All units have in unit W/D
- Hardwood flooring & private balconies in majority of units
- Minutes from Crown Center, The Crossroads, and Downtown Kansas City
- 20 off-street parking stalls
Executive Summary
1614-1620 E. Linwood Blvd. is a 19-unit multifamily asset located in Midtown just east of the urban core with immediate proximity to Crown Center, the Crossroads Arts District, and Downtown Kansas City. The location provides residents with convenient access to major employment hubs, dining, retail, and entertainment options throughout the city.
The property features a mix of oversized studio and two-bedroom floor plans, with two-bedroom units 1,200 + SF. These larger layouts offer a competitive advantage with the potential to add a bedroom and create 3-bedroom 1 bathroom units.
The property gives local or regional investors the opportunity to acquire a fully occupied asset with room to increase rents through potential unit reconfiguration and strategic exterior upgrades.
The property features a mix of oversized studio and two-bedroom floor plans, with two-bedroom units 1,200 + SF. These larger layouts offer a competitive advantage with the potential to add a bedroom and create 3-bedroom 1 bathroom units.
The property gives local or regional investors the opportunity to acquire a fully occupied asset with room to increase rents through potential unit reconfiguration and strategic exterior upgrades.
Property Facts
| Price | $2,150,000 | Lot Size | 0.44 AC |
| Price Per Unit | $113,158 | Building Size | 28,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 19 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R5, Kansas City | ||
| Price | $2,150,000 |
| Price Per Unit | $113,158 |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 28,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1910 |
| Parking Ratio | 0.71/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R5, Kansas City |
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
- Dining Room
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 800 |
| 2+1 | 16 | - | 1,200 - 1,400 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 29-730-02-14-00-0-00-000 | Improvements Assessment | $150,039 |
| Land Assessment | $19,570 | Total Assessment | $169,609 |
Property Taxes
Parcel Number
29-730-02-14-00-0-00-000
Land Assessment
$19,570
Improvements Assessment
$150,039
Total Assessment
$169,609
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Lincrest | 1614-1620 E Linwood Blvd
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