Garden-Style Multifamily Apartment
For Sale
$9,600,000
Pending
13901 Grandboro Lane, Grandview, MO 64030
121-unit garden-style apartment complex with 12 low-rise buildings, courtyard area, and 274 off-street parking spaces.
Property SizeContact for details
Lot Size9.00 Acres
Days on Market134
Property Features for 13901 Grandboro Lane
General Information
Standard status
Pending
Total Parking Spaces
274
Lot size
9.00 Acres
Property subtype
Residential Income
Zoning
R
Occupancy
93%
Additional Details
Highway Access
Yes
Multifamily Units
121
Building Details
Year Built
1974
Stories
3
Tenancy
Multi
Listed By:
Renee Amey
(816) 213-3421
Source:
Leessummitlakehomes.idxbroker
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 4 at 2:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Renee Amey
Investment Insights
Based on property information with market context.
Douglas Place Apartments is a 121-unit garden-style, low-rise multifamily community situated on nearly 9 acres, featuring 12 two- and three-story buildings. The property includes a dedicated on-site management office, a courtyard/picnic area, and 274 off-street parking spaces.
Unit mix spans studios through 3BR apartments, plus townhome units with 3BR and 4BR configurations. The complex is currently stabilized at 93% occupancy, and ownership has completed substantial capital improvements to both the buildings and individual units.
The community’s on-site layout is supported by the established building count and on-site management presence, with additional parking capacity positioned for tenant convenience.
Unit mix spans studios through 3BR apartments, plus townhome units with 3BR and 4BR configurations. The complex is currently stabilized at 93% occupancy, and ownership has completed substantial capital improvements to both the buildings and individual units.
The community’s on-site layout is supported by the established building count and on-site management presence, with additional parking capacity positioned for tenant convenience.
Key Highlights
- Douglas Place Apartments: 121‑unit garden/low‑rise complex in Grandview, MO, built in 1974.
- Nearly 9 acres with 12 two- and three‑story buildings plus a dedicated on‑site management office.
- Courtyard/picnic area and 274 off‑street parking spaces.
Property Analytics
Property Profile
Current Use
Lease Details
121
Residential units
93%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 64030, MO
26,154
Population
11,869
Households
2.2
Avg Household Size
35
Median Age
24%
College-Educated
89%
High-School Grad
14.5 sq mi
ZIP Area
1,804
Density / Sq Mi
$53,207
Median Household Income
$37,600
Median Earnings
$1,003
Median Rent
$171,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 121-unit garden-style apartment complex with 12 low-rise buildings, courtyard area, and 274 off-street parking spaces.
Where is this apartment building located?
The property is located at 13901 Grandboro Lane 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: Douglas Place Apartments: 121‑unit garden/low‑rise complex in Grandview, MO, built in 1974.; Nearly 9 acres with 12 two- and three‑story buildings plus a dedicated on‑site management office.; Courtyard/picnic area and 274 off‑street parking spaces.
