512-516 Splitlog Ave | Kansas City, KS 66101
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- LoopNet Team
512-516 Splitlog Ave
Kansas City, KS 66101
City View at Splitlog · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Newly Renovated: All of City View at Splitlog’s units have been newly renovated.
- City View at Splitlog is currently 100% leased. New leases are being leased at the increased rental rates (1 BD - $1,100 / 2 BD $1,225).
- With a current vacancy rate of just 3.5% in the area—well below market averages—demand for rental units remains high.
- Desirable Location: City View at Splitlog is located in the heart of the Strawberry Hill neighborhood, minutes from downtown Kansas City.
- New ownership will have the opportunity to increase rates as they have not been increased in 2 years.
PROPERTY FACTS
| No. Units | 28 | Lot Size | 0.68 AC |
| Property Type | Multifamily | Building Size | 31,131 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1963/2023 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Zoning | KRP5 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 31,131 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1963/2023 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | KRP5 |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Patio
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 575 |
| 2+1 | 18 | - | 900 |
PROPERTY TAXES
| Parcel Number | 904333 | Improvements Assessment | $241,331 |
| Land Assessment | $7,761 | Total Assessment | $249,092 |
PROPERTY TAXES
Parcel Number
904333
Land Assessment
$7,761
Improvements Assessment
$241,331
Total Assessment
$249,092
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