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746 N 63rd St - Anndell Park 68 Unit Apartment Building Offered For Sale Kansas City, KS 66102
Investment Highlights
- Original Developer Ownership Since the 1960s
- Quality Construction and Consistent Ownership Maintenance
- Minutes from the Future Home of the Kansas City Chiefs
- Significant Revenue Upside Through Rents, Renovations, and Utility Recovery
- Direct Access to Major Employment and Retail
- Opportunity Zone, Qualified Census Tract, and Meaningful Development Optionality
Executive Summary
As exclusive advisor, MMG Real Estate Advisors is pleased to present Anndell Park, a 68-unit multifamily community situated on approximately 22 acres in Kansas City, Kansas. The property was developed by its current ownership between 1966 and 1974 and has remained in their hands ever since, never having traded. Most units remain in classic
condition, rents trail the market, and utilities flow through ownership without resident recovery, each representing a clear and immediate path to NOI growth for new ownership.
The 22-acre site spans multiple parcels, each carrying RP-5 zoning and a multifamily highest-and-best-use designation, and sits within both an Opportunity Zone and a Qualified Census Tract in Wyandotte County. The market is anchored by the Kansas City Chiefs’ announced $3 billion domed stadium sited minutes from the property. Anndell Park presents a well-maintained asset with a straightforward operating upside story and a land position flexible enough to support new construction, parcel sales, or amenity development alongside ongoing apartment operations.
condition, rents trail the market, and utilities flow through ownership without resident recovery, each representing a clear and immediate path to NOI growth for new ownership.
The 22-acre site spans multiple parcels, each carrying RP-5 zoning and a multifamily highest-and-best-use designation, and sits within both an Opportunity Zone and a Qualified Census Tract in Wyandotte County. The market is anchored by the Kansas City Chiefs’ announced $3 billion domed stadium sited minutes from the property. Anndell Park presents a well-maintained asset with a straightforward operating upside story and a land position flexible enough to support new construction, parcel sales, or amenity development alongside ongoing apartment operations.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Average Occupancy | 91% |
| No. Units | 68 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1974 |
| Building Size | 37,920 SF | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 68 |
| Property Type | Multifamily |
| Building Size | 37,920 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built | 1974 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $695.00 | 400 |
| 1+1 | 47 | $891.00 | 500 |
| 2+1 | 10 | $955.00 | 625 |
| 2+1 | 10 | $1,010 | 777 - 1,010 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
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746 N 63rd St - Anndell Park
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