Townhome-Style Apartment
New
For Sale
$4,250,000
9730 Locust Street, Kansas City, MO 64131
Renovated townhome-style community with updated building systems and an existing affordability agreement.
Property SizeContact for details
Days on Market6
Property Features for 9730 Locust Street
General Information
Standard status
Active
Property subtype
Residential Income
Zoning
R2.5
Property Condition
Severity
Minor
Evidence
small value add play to renovate the remaining units
Additional Details
Multifamily Units
28
Taxes and HOA fees
Annual Taxes
$24,073
Building Details
Year Built
1984
Units
28
Construction
townhome style
Listing Agency:
Peak Real Estate Partners, LLC
(913) 221-3590
Listed By:
Nicholas Ambrosio
(913) 221-3590
Source:
Community-realty
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 19 at 2:18PM
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 Peak Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
The Holmesbrook Townhomes is a 28-unit, townhome-style apartment community built in 1984 in Kansas City, Missouri. Renovations have been completed in 23 units, while the remaining five units retain classic condition. Most water heaters and HVAC systems have been replaced within the last four years, providing updated core equipment across the majority of the community. The property is zoned R2.5.
A land use restrictive agreement remains in place through 2032 and applies to 10 units. Four of those units are designated Low Income, while six are designated Very Low Income. The agreement is administered by Phoenix Revitalization Corp through the FDIC Affordable Housing Disposition Program and is not associated with LIHTC, MHDC, or KHRC. Compliance involves annual income verification coordinated between Phoenix and the property manager. The community is located in the Willow Creek neighborhood at 9730 Locust Street.
A land use restrictive agreement remains in place through 2032 and applies to 10 units. Four of those units are designated Low Income, while six are designated Very Low Income. The agreement is administered by Phoenix Revitalization Corp through the FDIC Affordable Housing Disposition Program and is not associated with LIHTC, MHDC, or KHRC. Compliance involves annual income verification coordinated between Phoenix and the property manager. The community is located in the Willow Creek neighborhood at 9730 Locust Street.
Key Highlights
- 28‑unit townhome‑style apartment community
- Renovations completed in 23 of 28 units
- Five units remain in classic condition
Property Analytics
Property Profile
Current Use
Lease Details
28
Residential units
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Explore this area
Business Placement
Demographics for 64131, MO
21,837
Population
11,005
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
8.5 sq mi
ZIP Area
2,569
Density / Sq Mi
$63,374
Median Household Income
$41,999
Median Earnings
$1,139
Median Rent
$217,700
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 - Renovated townhome-style community with updated building systems and an existing affordability agreement.
Where is this apartment building located?
The property is located at 9730 Locust Street Kansas City, MO.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 28‑unit townhome‑style apartment community; Renovations completed in 23 of 28 units; Five units remain in classic condition
