Workforce Apartment
3712 E 47th Ter Kansas City, MO 64130
3712 E 47th Ter, Kansas City, MO, 64130
$9,250,000
For Sale
$9,250,000
Stabilized 162-unit multifamily community with predominantly one-bedroom layouts and assumable fixed-rate debt through 2030.
Days on Market50
Property Features for 3712 E 47th Ter
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1950
Listing agency
Clemons Real Estate
(913) 481-5727
Listed by
Quinn Hahs · License #MO #2022040834
(913) 481-5727
Source
Clemonsrealestate
Added: Jun 2 Updated: Jul 20 at 5:33PM Checked: Jul 21 at 6:01AM
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Investment Insights
Based on property information with market context.
Plaza Hill Manor is a stabilized workforce housing community offered for sale, featuring 162 total units with a predominantly one-bedroom mix (93%). The community is described as having long-term ownership with consistent occupancy and operations, supported by a maintenance history. The property reports in-place rents of approximately $660–$700, and the offering materials indicate roughly $250 per unit monthly rent upside based on comps.
The remarks also describe an existing loan balance of approximately $4.8 million at a 3.7% interest rate, with terms fixed through 2030 and identified as assumable. The property is located in Kansas City’s Oak Park Southeast neighborhood and is described as a walkable setting near transit, grocery, healthcare, parks, and areas of major redevelopment.
The remarks also describe an existing loan balance of approximately $4.8 million at a 3.7% interest rate, with terms fixed through 2030 and identified as assumable. The property is located in Kansas City’s Oak Park Southeast neighborhood and is described as a walkable setting near transit, grocery, healthcare, parks, and areas of major redevelopment.
Key Highlights
- 162‑unit stabilized workforce housing community in Kansas City’s Oak Park Southeast neighborhood
- Unit mix: 93% one‑bedroom layouts averaging 490 SF
- In‑place rents approximately $660–$700; about $250/unit per month upside supported by comps
Property Analytics
Location Intelligence
Current Use by Public Records
Plaza Hill Apartments
Apartment Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Stabilized 162-unit multifamily community with predominantly one-bedroom layouts and assumable fixed-rate debt through 2030.
Where is this apartment building located?
The property is located at 3712 E 47th Ter Kansas City, MO.
What is the asking price?
The asking price for this property is $9,250,000.
What are key features of this property?
This property features: 162‑unit stabilized workforce housing community in Kansas City’s Oak Park Southeast neighborhood; Unit mix: 93% one‑bedroom layouts averaging 490 SF; In‑place rents approximately $660–$700; about $250/unit per month upside supported by comps
