$2,800,000

Estimated payment $17,196/month

Total Views 1,216
-- Bed
18 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 40,463 Sq Ft lot
  • Chapel Hill Elementary School Rated A
  • Central Air

About This Home

Turnkey Class A Multifamily | 18 Units in KC’s Growth Corridor Rare opportunity to acquire a virtually new, Class A 18-unit multifamily property located in one of Kansas City’s fastest-growing Northland corridors. Built in 2020, this turnkey investment offers modern design, premium finishes, and minimal maintenance, ideally positioned for both stable income and value-add potential. With Kansas City leading national rent growth at 3.1% annually and new construction slowing (only 861 units YTD 2025 vs. 2,001 during the same period in 2024), rental demand continues to strengthen. Below-market rents and strategic management offer clear room for NOI growth and long-term appreciation. Residents are enrolled in a $33/month Resident Benefits Package, providing insurance, credit building, and rewards programs—enhancing retention and generating added revenue. Situated near major employers, retail, and new developments, this property benefits from strong fundamentals and consistent absorption. A rare chance to own a modern, stabilized multifamily asset in a high-demand KC submarket that continues to outperform national averages.

Listing Agent

Logan Freeman

Midwest CRE Advisors, LLC Brokerage Phone: 573-694-9669 Listed on: 11/05/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $27,311

Year Built

  • Built in 2020

HOA Fees

  • $162 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 18 Bathrooms
  • 3-Story Property

Parking

  • Paved Parking
  • Assigned Parking

Additional Features

  • 0.93 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 14-120-00-02-012.00
  • $0 special tax assessment

Community Details

Overview

  • 18 Units
  • Brighton Crossings Commons Subdivision

Building Details

  • Gross Income $217,429

Property Details

Home Type

Apartment

Est. Annual Taxes

$27,311

Year Built

Built in 2020

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 2020
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Logan Freeman
  • List Office Mls Id: HMSMIDCRE
  • List Office Name: Midwest CRE Advisors, LLC
  • List Office Phone: (573) 694-9669
  • Mls Status: Active
  • Operating Expense: 62530
  • Age Description: 3-5 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Package: No
  • Attribution Contact: 573-694-9669
  • Special Features: None

Interior Features

  • Basement: No
  • Laundry Features: Inside
  • Stories: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Foundation Details: Slab
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Paved

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Ind Water Heaters
  • Cooling: Yes
  • Water Source: City/Public - Verify

Condo/Co-op/Association

  • Association Fee: 1944
  • Association Fee Frequency: Annually
  • Type Of Management: On-Site Mgmt

Association/Amenities

  • Association: Yes

Fee Information

  • Deposit: Chicago Title

Schools

  • Junior High Dist: North Kansas City

Lot Info

  • Zoning: MF
  • Lot Size Sq Ft: 40463
  • Parcel Number: 14-120-00-02-012.00
  • Subdivision Name: Brighton Crossings Commons
  • In Flood Plain: No

Building Info

  • Number of Units Total: 18

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 217429
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 27311
  • Tax Abatement YN: 0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,410 $348,120 -- --
2024 $23,410 $290,610 -- --
2023 $23,205 $290,610 $0 $0
2022 $20,952 $250,780 $0 $0
2021 $20,976 $250,781 $34,200 $216,581
2020 $21,038 $232,640 $0 $0
2019 $1,214 $13,680 $0 $0
2018 $1,271 $13,680 $0 $0
2017 $1,247 $13,680 $13,680 $0
2016 $1,247 $13,680 $13,680 $0
2015 $1,247 $13,680 $13,680 $0
2014 $1,266 $13,680 $13,680 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $2,800,000 -- --
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,850,400 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Heartland MLS

MLS Number: 2585287

Heartland MLS

APN: 14-120-00-02-012.00