Property profile

1234 Main St Kansas City, MO 64105

OFF-MARKET
Retirement homes
8,880 SF 0.6 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional 27-bed assisted living facility presents a unique investment opportunity in the Kansas City, Missouri area. Located on a 0.6-acre lot at 1234 Main St, Kansas City, MO 64105, this single-story, 8,880 square foot building boasts 21 units and was originally constructed in 1986, undergoing renovations in 2008. The property is zoned for commercial use and enjoys a highly desirable location just off I-70, providing excellent visibility and accessibility. The facility benefits from a brand new roof installed in 2023, along with several other recent upgrades. Currently operating as a fully staffed, turnkey operation with an executive director in place, this assisted living community offers significant potential for increased revenue due to current monthly rents being considerably below market rates (approximately $2,420 average). Market analysis indicates a strong demand for additional assisted living beds in the immediate area. The property's proximity to a large medical center (half a mile away) and Kansas City Airport further enhances its appeal. The facility's backyard and terrace adjoin a town park, creating a pleasant and community-oriented atmosphere. This is a rare opportunity to acquire a well-established, profitable senior living facility with substantial upside potential. The asking price is $1,100,000.

Property profile

Verified
Property type Retirement homes
Year built 1986
Total area 8,880 SF
Lot 0.6 ac (26,136 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Radio Station Telecommunications Service
  • Pet Store

Location

1234 Main St Kansas City, MO 64105
Kansas City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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