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401 Charlotte Lofts 401 Charlotte St 12 Unit Apartment Building For Sale Kansas City, MO 64106
Investment Highlights
- Large 2-bedroom townhome style units with private entrances
- Walking distance to the River Market, Berkley Riverfront, and newly expanded Kansas City Streetcar
- Stainless steel appliances and modern finishes
- 10-year tax abatement
- Additional 0.53 acre site for future development. Potential for 6 townhomes or 12 apartments, and qualifies for 10-year tax abatement
Executive Summary
Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire 401 Charlotte Lofts, a 12-unit property located in the historic Columbus Park at 401 Charlotte St, Kansas City, MO 61406. The Property consists of 12 two-bedroom, one-bath units and is 92% leased. Built in 2023, the units are townhome-style with private entrances and front patios. Each unit features 21-foot ceilings, stainless steel appliances, an in-unit washer/dryer, and modern finishes.
401 Charlotte Lofts is in an excellent location, within walking distance of the $1B Berkley Riverfront mixed-use development, newly expanded Kansas City streetcar, and the River Market. Tenants can take advantage of best-in-class nearby amenities while still enjoying the comfortable, residential character of Columbus Park.
401 Charlotte Lofts is in an excellent location, within walking distance of the $1B Berkley Riverfront mixed-use development, newly expanded Kansas City streetcar, and the River Market. Tenants can take advantage of best-in-class nearby amenities while still enjoying the comfortable, residential character of Columbus Park.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Lot Size | 0.61 AC |
| No. Units | 12 | Building Size | 15,216 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 2023 |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 15,216 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2023 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | 900 - 1,100 |
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Numbers | Improvements Assessment | $39,651 | |
| Land Assessment | $101,270 | Total Assessment | $140,921 |
Property Taxes
Parcel Numbers
Land Assessment
$101,270
Improvements Assessment
$39,651
Total Assessment
$140,921
Contacts
-
Michael VanBuskirk SIOR, CCIM,CRE -
Christopher Robertson, CCIM -
Raegen Kersey -
Newmark Zimmer
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401 Charlotte Lofts | 401 Charlotte St
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