3732-3734 Southwest Tfwy - Apartments FOR SALE


Kansas City, MO 64111- Roanoke
$6,590,000 USD
913-426-5576
3732-3734 Southwest Tfwy, Kansas City, MO for Sale
$6,590,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

3732-3734 Southwest Tfwy
Kansas City, MO 64111
Roanoke


HIGHLIGHTS

  • Located in the Heart of Walkable Valentine Neighborhood
  • 50% of the Units Renovated with a Luxury Finish While Preserving Original Charm
  • All Capital Expenses Completed – Roofs, Electrical, Plumbing
  • Charming Spacious Units with Hardwood Floors & Updated Finishes
  • Conversion from One Bedroom to Two Bedroom Completed on Three Units Already and Can be Completed on 21 Remaining Units
  • Dedicated Central Parking Lots with ~36 Parking Spaces + Ample Street Parking

OVERVIEW

The Madelyn is an exceptional 63-unit investment opportunity in the heart of Kansas City’s vibrant Valentine neighborhood, where historic charm blends with modern updates and walkability. This package spans seven buildings with off-street parking lots, originally constructed in 1923 and meticulously maintained and updated. All of the buildings have new windows, new electrical, new plumbing, and central heat and air. The Madelyn features a mix of one- and two-bedroom units, with renovated spaces boasting modernized kitchens, stainless appliances, quartz countertops, and designer tile in kitchens and bathrooms. Charming original hardwood floors add warmth and charm, complemented by light streaming through oversized replacement windows. Over half of the units—31 of 63—have been upgraded to a luxury standard within the last three years, and each building includes its own coin-operated laundry room for tenant convenience. The neighborhood is highly walkable with a Walk Score of 88 and is strategically located minutes from major employers and medical hubs, including KU Medical, less than a mile away, and Children’s Mercy Hospital, under three miles from your doorstep—the city’s largest hospital and second-largest employer, respectively. Just 1.6 miles from the iconic Country Club Plaza, residents enjoy proximity to upscale shopping, dining, and entertainment, with the bars and eateries of Valentine and Westport within easy walking distance. Offering ample parking and a prime location, this 63-unit package presents investors with a rare chance to acquire an irreplaceable multifamily asset with significant income upside in one of Kansas City’s most desirable areas.

FOR SALE DETAILS

PRICE

$6,590,000 USD

PRICE/SF

$753 USD /SF

# OF UNITS

63

PRICE/UNIT

$104,603

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Madelyn Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,709 SF

ZONING

R-1.5

APN/PARCEL ID

30-310-20-12-00-0-00-000

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.