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121-Unit Garden Apartment Complex
New
For Sale
$9,600,000
Pending

13901 Grandboro Lane, Grandview, MO 64030

MULTI_FAMILY - Grandview, MO

Property SizeContact for details
Lot Size8.54 Acres
Days on Market2

Property Features for 13901 Grandboro Lane

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning R
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 1, Bathroom 3, Basement, Bathroom 7, Bathroom 2, Bathroom 6, Bathroom 5, Bathroom 4
Parking 274
Parking features Off Street
Subdivision Southern Acres
Elementary school district Grandview
Middle school district Grandview
High school district Grandview
Directions See Offering Memorandum in supplements and maps for directions
Standard status Pending
APN 67-510-03-03-00-0-00-000
Lot size 8.54 Acres

Taxes and HOA fees

Tax Description SOUTHERN ACRES---PT LOT 21 DAF: BEG NE COR LOT 5 CENTURY PARK TH S 20' TO TRU POB TH E 305' MOL TH S MOL TH N 669' MOL TO TRU POB
Tax Annual Amount 98565
Legal Description SOUTHERN ACRES---PT LOT 21 DAF: BEG NE COR LOT 5 CENTURY PARK TH S 20' TO TRU POB TH E 305' MOL TH S MOL TH N 669' MOL TO TRU POB

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Electric
Water source Public

Amenities

on-site management office
courtyard/picnic area

Building Details

Year built 1974
Floors in Building 3
Number of units 121
Building materials Brick Veneer, Concrete, Wood Siding
Roof type Synthetic, Composition
Listing Agency: Compass Realty Group
Listed By: Brice Bradshaw
Added: Aug 4 Last Checked: Aug 5 at 11:06PM
MLS# 2635126

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Douglas Place Apartments is a 121-unit garden and low-rise multifamily property arranged across 12 two- and three-story buildings. The 8.54-acre site includes a dedicated management office, courtyard and picnic area, and 274 off-street parking spaces. Unit options span studios, one-, two-, and three-bedroom apartments, along with three- and four-bedroom townhomes, with an average unit size of 920 square feet.

The property is located in Grandview, Missouri, with access to I-49, I-35, I-70, HWY 150, and two four-lane highways. Major nearby employment centers identified in the property information include the Honeywell NNSA Campus, Southview Commerce Center, and Dayton Freight. The asset was built in 1974 and has brick veneer, concrete, and wood siding construction, forced-air heating, electric cooling, public water, and public sewer.

Current occupancy is 93%. Ownership has completed capital improvements to the buildings and individual units, with 23 classic units remaining for renovation. The property is zoned R and includes synthetic and composition roofing.

Key Highlights

  • 121 units across 12 two- and three‑story buildings
  • 8.54‑acre site with 274 off‑street parking spaces
  • Unit mix includes studios, 1BR, 2BR, 3BR, and 3BR/4BR townhomes

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

121
Residential units
93%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style multifamily property with varied apartment and townhome layouts, on-site management, and substantial parking.
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: 121 units across 12 two- and three‑story buildings; 8.54‑acre site with 274 off‑street parking spaces; Unit mix includes studios, 1BR, 2BR, 3BR, and 3BR/4BR townhomes
More about this property
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