118-148 N Lawn Ave - Apartments FOR SALE


Kansas City, MO 64123- North India Mound
$4,390,000 USD
913-426-5576
118-148 N Lawn Ave, Kansas City, MO for Sale
$4,390,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

118-148 N Lawn Ave
Kansas City, MO 64123
North India Mound


HIGHLIGHTS

  • 96% Two Bedroom Units
  • Luxury Rehab within the Last 12 Months
  • Dedicated Parking Lot Behind the Building
  • Central Heat and Brand-new Furnaces in All of the Units
  • Solid Brick Construction
  • Newer TPO Roofs

OVERVIEW

The Lawn Apartments are stately brick buildings in Kansas City’s thriving Historic Northeast neighborhood. The property was originally built in 1923 and underwent extensive renovations in 2023/2024 with a luxury finish in all units and brand-new individual furnaces. With 96% two-bedroom units and on-site parking this property has what residents are looking for in a rental. Units feature new LVP flooring, modern kitchen cabinetry, updated fixtures, and tile showers in oversized bathrooms. Submetered for all utilities except water, this complex sits just outside downtown in an established neighborhood, providing seamless access to all that Kansas City has to offer. Do not miss your chance to own Lawn Apartments!

FOR SALE DETAILS

PRICE

$4,390,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

50

PRICE/UNIT

$87,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lawn Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

R-2.5

APN/PARCEL ID

13-820-20-25-00-0-00-000

ASK ABOUT THIS PROPERTY

Michelle LutzLutz Sales + InvestmentsMore Info
913-426-5576

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Michelle LutzLutz Sales + InvestmentsMore Info
913-426-5576

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.