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333 S Bethany St
Kansas City, KS 66102
REO Sale | Colony Woods Apartments · Multifamily Property For Sale · 97 Units

Investment Highlights

  • Lender owned 97 unit multifamily asset in Kansas City MSA. Below market rents with an average of $704 per unit. Nearly $3M in upgrades
  • Significant discount to replacement costs. Robust submarket rent growth of 5%.
  • Panasonic announced $4 billion battery plant less than 30 miles from Colony Woods. Meta $800M data center less than 20 miles from Colony Woods
  • Proximity to growing employment centers. Downtown Kansas City within 3 miles.
  • New Kansas City Airport Opened February 2023. Kansas City Hosting 2023 NFL Draft & is a 2026 World Cup Host City.
  • Kansas City is building First Women’s Professional Soccer Stadium in the US.

Property Facts

No. Units 97
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 3.54 AC
Building Size 76,856 SF
Average Occupancy 82%
No. Stories 2
Year Built/Renovated 1963/2022
Parking Ratio 1.3/1,000 SF
Zoning KRP5 - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 97 - 576 - 750

Property Taxes

Property Taxes

Parcel Number
071104
Land Assessment
$6,335
Improvements Assessment
$336,436
Total Assessment
$342,771
  • Listing ID: 28136391

  • Date on Market: 4/4/2023

  • Last Updated:

  • Address: 333 S Bethany St, Kansas City, KS 66102

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