3937 Kenwood AVE Kansas City, MO 64110
4,871 Sqft Lot
UPDATED:
02/06/2025 08:56 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Vanderbilt Place
MLS Listing ID 2515721
Originating Board hmls
Year Built 2024
Annual Tax Amount $26,471
Lot Size 4,871 Sqft
Acres 0.11182278
Property Sub-Type Apartment
Property Description
Kansas City's multifamily sector is thriving, offering steady demand and attractive returns for real estate investors. Rental growth across Kansas City has consistently outpaced the national average, and new construction properties—especially luxury units—are seeing high occupancy rates and top dollar rents. Recent data shows KC multifamily properties yielding average annual returns of 8-10%, making them an excellent addition to any portfolio.
This property's proximity to downtown Kansas City, the University of Kansas Hospital, Children's Mercy Hospital, and Country Club Plaza ensures a steady pool of renters from various demographics, including young professionals, medical staff, and retirees. Residents will enjoy access to premier dining, shopping, and nightlife, while outdoor enthusiasts can unwind at nearby Gillham and Loose Parks. Cultural attractions like the nearby Nelson-Atkins Museum of Art add to the appeal, making this area highly desirable for both young professionals and retirees looking for a second home in KC.
Designed for ease of ownership, the energy-efficient systems and high-quality construction ensure minimal maintenance, ideal for investors looking for hassle-free ownership. This luxury multifamily building blends the best of modern conveniences with a prime Kansas City location—resulting in high rental demand, low vacancy, and an attractive, sustainable income stream. Construction has just commenced and the very first tenants have started moving in.
Location
State MO
County Jackson
Zoning R-1.5
Interior
Heating Other
Cooling Other
Fireplace N
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Other
Building
Story 3
Sewer City/Public
Water City/Public - Verify
Structure Type Brick & Frame,Brick Veneer,Concrete
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.dropbox.com/scl/fo/7qcrf4wmnhjl012t3ial8/AHrwnQzTRiFuN-NjoNJWMDE?rlkey=5wv52zu19g04f8u3a599ododc&st=oepqj8kf&dl=0
