5220 Troost Ave Kansas City, MO 64110
Property Features for 5220 Troost Ave
General Information
- Property type
- Multifamily properties
- Square Feet
- 27,117 SF
- Class
- B
- Lot Size
- 94,525 SF
Building Details
- Year Built/Renovated
- 1961/2019
- Units
- 110
Listing Agency: Clemons Real Estate Listing Agent: Audrey Navarro
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 110-unit apartment building, located at 5220 Troost Ave in Kansas City, Missouri, presents a compelling investment opportunity. Boasting 27,117 square feet across 2.17 acres, this Class B property offers significant potential. Built in 1961 and extensively renovated in 2019, the building benefits from recent upgrades, minimizing future capital expenditures and maximizing marketability. Its strategic location is equidistant from Rockhurst University and UMKC, ensuring a consistent tenant pool. The property enjoys proximity to key attractions such as The Plaza and Downtown Kansas City, providing residents with access to premium amenities. Furthermore, its location benefits from the planned expansion of the KC Streetcar, offering a future-proof advantage. The unique blend of historical charm and modern amenities makes this property highly attractive to renters. The asking price for this prime multifamily investment is $8,500,000. This opportunity allows investors to capitalize on the thriving Kansas City market, combining the area's historic character with modern conveniences. The property's strong tenant base and recent renovations make it an ideal addition to any portfolio. Don't miss this chance to acquire a well-maintained, high-performing asset in a rapidly developing area of Kansas City. The zip code is 64110.
Property Profile
Location Intelligence
Current Use by Public Records
Xavier Hall
Church
JP2 Commons
Student Housing Center
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Jackson
- State
- Missouri
- Longitude
- -94.5740846
- Latitude
- 39.0313729
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FAQs
What type of property is this?
Multifamily property - 110-Unit Multifamily Investment
Where is this multifamily property located?
The property is located at 5220 Troost Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Prime location equidistant from Rockhurst University and UMKC, ensuring a strong tenant base.; Minutes from The Plaza and Downtown Kansas City, offering residents convenient access to premier amenities.; Benefits from the planned KC Streetcar expansion, providing a future-proof investment.