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Westport Plaza Apartments 4030-4038 Clark Ave 21 Unit Apartment Building $2,425,000 ($115,476/Unit) Kansas City, MO 64111
Investment Highlights
- 21 unit apartment complex just one block West of SW Trafficway
- 75% of units renovated
- Well maintained asset with off-street parking and pool
- Mix of 19 (1BR x 1BA) and 2 (2BR x 1 BA)
- Unbeatable Midtown location, close to KU Med, Westport and Country Club Plaza
Executive Summary
The Westport Plaza Apartments is a 21-unit apartment complex located in Midtown, Kansas City, MO. The property has a highly desirable location, sandwiched between KU Med (0.8 miles away), the Country Club Plaza (1.3 miles away) and the heart of Westport (0.5 miles away). This location leads to a pool of renters who are looking to be in the center of everything that Kansas City has to offer.
Ownership has renovated roughly 75% of units since they originally purchased the property back in 2017. HVAC systems have been replaced as needed. The roof received a full reseal back in 2024 (transferable warranty) and the pool has been regularly maintained throughout ownership. Westport Plaza leaves a new owner great potential by renovating the remaining units, pushing rents through more aggressive marketing and leasing efforts, and continue to watch rents climb in one of the most desirable neighborhoods for renters in Kansas City.
Ownership has renovated roughly 75% of units since they originally purchased the property back in 2017. HVAC systems have been replaced as needed. The roof received a full reseal back in 2024 (transferable warranty) and the pool has been regularly maintained throughout ownership. Westport Plaza leaves a new owner great potential by renovating the remaining units, pushing rents through more aggressive marketing and leasing efforts, and continue to watch rents climb in one of the most desirable neighborhoods for renters in Kansas City.
Property Facts
| Price | $2,425,000 | Building Class | C |
| Price Per Unit | $115,476 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 12,197 SF |
| No. Units | 21 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2016 |
| Property Subtype | Apartment | Parking Ratio | 1.72/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $2,425,000 |
| Price Per Unit | $115,476 |
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 12,197 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1960/2016 |
| Parking Ratio | 1.72/1,000 SF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
- Pool
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | - | - |
| 2+1 | 2 | - | - |
1 1
Very walkable
80/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 30-340-19-25-00-0-00-000 | Improvements Assessment | $314,294 |
| Land Assessment | $12,363 | Total Assessment | $326,657 |
Property Taxes
Parcel Number
30-340-19-25-00-0-00-000
Land Assessment
$12,363
Improvements Assessment
$314,294
Total Assessment
$326,657
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Westport Plaza Apartments | 4030-4038 Clark Ave
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