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    13901 Grandboro Ln Grandview, MO 64030

    Pending
    For Sale
    $9,600,000

    Apartment - Grandview, MO

    Type:Apartment
    Lot size:
    8.54 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for 13901 Grandboro Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Pending
    Zoning
    R
    Rooms
    Basement
    APN
    67-510-03-03-00-0-00-000
    Parking
    274
    Parking features
    Off Street
    Basement Y/N
    1
    Lot size
    8.54 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Electric

    Building Details

    Year built
    1974
    Floors in Building
    3
    Number of units
    121
    Building materials
    Brick, Brick Veneer, Concrete, Wood Siding
    Roof type
    Composition, Synthetic
    Architectural style
    Other

    Compass (816) 280-2773 [email protected]

    Listing agent Brice Bradshaw (816) 280-2773 License #SP00219113

    Listing date Nov 8, 2025

    MLS# 2565441 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    121-Unit Apartment Complex in Grandview

    Douglas Place Apartments is a 121-unit garden/low-rise complex situated in Grandview, Missouri. The property, spanning nearly 9 acres, includes 12 two- and three-story buildings, a dedicated on-site management office, a courtyard/picnic area, and 274 off-street parking spaces. The complex features a diverse selection of spacious floor plans, with an average unit size of 920 square feet, including apartments (studio, 1BR, 2BR, 3BR) and townhome units (3BR & 4BR). The property is located in South Kansas City/Grandview, offering commuter accessibility to highways and interstates, including I-49, I-35, I-70, HWY 150, and two four-lane highways. The property is currently stabilized at 93% occupancy. Substantial capital improvements have been made to both the buildings and individual units. The location is near major employers, including the Honeywell NNSA Campus, the new Southview Commerce Center, and Dayton Freight. The property is eligible for supplemental with NOI increases and has an assumable loan at 3.1% maturing in 2032. The area recorded the highest year-over-year asking rent growth in Q1 at 3.5%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grandview
    County
    Jackson
    State
    Missouri
    Longitude
    -94.53514
    Latitude
    38.871517

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    FAQs

    What type of property is this?
    Apartment building - Stabilized asset with assumable loan and value-add potential.
    Where is this apartment building located?
    The property is located at 13901 Grandboro Ln Grandview, MO.
    What is the asking price?
    The asking price for this property is $9,600,000.
    What are key features of this property?
    This property features: - Assumable loan at **3.1%** maturing in 2032, eligible for supplemental with NOI increases.; - Stabilized asset with **93%** occupancy.; - Located in the top-performing South Kansas City/Grandview submarket with high rent growth.
    (816) 280-2773
    Request Owner's contact information
    13901 Grandboro Ln Grandview, MO 64030
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    Grandview, MO 64030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13901 Grandboro Ln Grandview, MO 64030
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