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8517 Holmes Rd Kansas City, MO 64131

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For Sale
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Value-add multifamily investment in Kansas City with assumable low-interest debt.

Building Details

Year built
1970

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Listing Contact
Christian Roustic
Source: Nmrk

Listing Agent: Christian Roustic

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Santa Fe Village Multifamily Opportunity

Santa Fe Village, constructed in 1970, presents a value-add investment opportunity in Kansas City, Missouri. This Class C, garden-style apartment complex is situated in a stable, high-demand submarket. The property offers potential for increased revenue through unit renovations and improved operational efficiencies, with current in-place rents significantly below market value. A renovation strategy has already been implemented on select units, providing a clear roadmap for continued execution and rent growth. The unit mix includes spacious studio, one-, two-, and three-bedroom floor plans, catering to a broad rental pool. Attractive in-place agency financing is available for assumption at a 3.51% interest rate at a projected 65% LTV.
Location Intelligence

Current Use by Public Records

G5 Athletics KC Physical Fitness Program Santa Fe Village ... Apartment Complex

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

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  • Local Demand
City
Kansas City
County
Platte
State
Missouri
Longitude
-94.5796912
Latitude
38.9721715

FAQs

What type of property is this?
Apartment building - Value-add multifamily investment in Kansas City with assumable low-interest debt.
Where is this apartment building located?
The property is located at 8517 Holmes Rd Kansas City, MO.
What are key features of this property?
This property features: - Assumable low-interest debt at 3.51% interest rate, significantly below current market rates.; - Value-add opportunity through unit renovations and improved operational efficiencies.; - Significant potential to increase revenue through interior upgrades and rent adjustments to market rents.
More about this property
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