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Parc West 1621 Washington Blvd 64 Unit Apartment Building $4,425,000 ($69,141/Unit) Kansas City, KS 66102
Investment Highlights
- 64-unit apartment complex in the heart of KCK
- Access to major employers located throughout Wyandotte County
- Laundry facilities on site
- Great interstate access - minutes away from I-635 & I-79
- Broad unit mix | Studios, 1 bed / 1 bath, 2 bed / 1 bath
- Surface parking | 52 off street parking stalls
Executive Summary
Parc West Apartments is a 64 unit multifamily offering located at 1621 Washington Boulevard and 1613 Everett Avenue, Kansas City, KS 66102. the Property presents a compelling value-add opportunity for an investor seeking access to the growing Kansas City, Kansas submarket. With 75% occupancy as of February 2026, a new owner can implement rent growth strategies, bring units to market levels, and explore voucher tenancy to significantly increase NOI and explore additional voucher tenancy to significantly increase NOI. Unrenovated Building 4 (10 units) is also eligible for Historic Tax Credits, providing an additional avenue for value creation. The property benefits from excellent interstate access, minutes from I-635 and I-70, with proximity to major employers throughout Wyandotte County. The broad unit mix of studios, 1-bed/1-bath, and 2-bed/1-bath units with stainless steel appliances and new luxury flooring appeals to a wide renter demographic. This is a perfect opportunity for a regional investor to capitalize on available Historic Tax Credits and bring the asset to full occupancy.
Property Facts
| Price | $4,425,000 | Building Class | C |
| Price Per Unit | $69,141 | Lot Size | 1.92 AC |
| Sale Type | Investment | Building Size | 63,767 SF |
| No. Units | 64 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1951/2022 |
| Apartment Style | Garden | Parking Ratio | 0.82/1,000 SF |
| Zoning | RP5 | ||
| Price | $4,425,000 |
| Price Per Unit | $69,141 |
| Sale Type | Investment |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.92 AC |
| Building Size | 63,767 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built/Renovated | 1951/2022 |
| Parking Ratio | 0.82/1,000 SF |
| Zoning | RP5 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | 500 |
| 1+1 | 46 | - | 500 |
| 2+1 | 13 | - | 700 |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $218,652 | |
| Land Assessment | $13,752 | Total Assessment | $232,404 |
Property Taxes
Parcel Numbers
Land Assessment
$13,752
Improvements Assessment
$218,652
Total Assessment
$232,404
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Parc West | 1621 Washington Blvd
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