3937 Kenwood Ave - Apartments FOR SALE


Kansas City, MO 64110
$3,075,000 USD
913-426-5576
3937 Kenwood Ave, Kansas City, MO for Sale
$3,075,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

3937 Kenwood Ave
Kansas City, MO 64110


HIGHLIGHTS

  • Brand New 2024 Construction
  • Highest Level of Luxury Finishes and Flawless Construction
  • Desirable Layouts with Large Outdoor Balconies
  • Serene Scenic Views Over Gilham Park
  • Close Proximity to the Area’s Top Corporate Employers

OVERVIEW

One-of-a-kind trophy property in the most highly sought-after neighborhood of Kansas City! Brand new construction of nine gorgeous, well-designed multifamily apartments of the highest quality construction. Each apartment contains two bedrooms, two full bathrooms, and a large open kitchen and living room. The open kitchen/living area opens onto a spacious balcony perfect for outdoor entertaining. The views off the balcony overlook scenic Gillham Park and showcase the Kansas City skyline. Residents will fall in love with the energy-efficient all-electric units, each with its own washer/dryer. Contemporary high-end luxury finishes and appliances attract a discerning tenant who wants a carefree lifestyle, minutes from Kansas City’s major employers. New construction multifamily of this caliber and quality is rare. Even more unique is this prime high-demand location. The selective investor lucky enough to own this gem will enjoy extremely low expenses and high appreciation for decades. This area is just minutes from the city’s central business districts, including downtown Kansas City, home to major employers such as Cerner Corporation (now Oracle), H&R Block, and Hallmark Cards. Additionally, the University of Kansas Hospital and Children’s Mercy Hospital, both major healthcare hubs, are within a short 5-minute drive. This makes Kenwood II particularly appealing for healthcare, tech, and corporate professionals. Residents will enjoy the convenience of being close to Country Club Plaza, a premier shopping destination in Kansas City. Just a five-minute drive away, the Plaza offers high-end boutiques, national retailers, fine dining restaurants, and vibrant nightlife. For daily needs, local grocery stores and shops, including Whole Foods, Trader Joe’s, and Sun Fresh, are easily accessible. For those who enjoy outdoor activities, Gillham Park is within walking distance, providing green space for picnics, walking, and recreational sports. The property is also near Loose Park, one of the largest parks in Kansas City, known for its scenic rose gardens and walking trails. Art enthusiasts will appreciate the close proximity to the Nelson-Atkins Museum of Art, famous for its iconic shuttlecock sculptures and impressive art collections. This location offers the best of both worlds: a peaceful, tree-lined street in a historic neighborhood with a gorgeous, high-end modern building offering the latest design style and energy efficiency. Whether you’re a young professional, a student attending the University of Missouri-Kansas City (UMKC), or a retiree seeking a low-maintenance lock-and-leave lifestyle, this property caters to a wide array of residents. Renters will appreciate the proximity to jobs, shopping, dining, and cultural experiences while still enjoying the charm and tranquility of a well-established community.

FOR SALE DETAILS

PRICE

$3,075,000 USD

PRICE/SF

$380 USD /SF

# OF UNITS

9

PRICE/UNIT

$341,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kenwood II

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,775 SF

ZONING

-

APN/PARCEL ID

30-240-05-32-00-0-00-000

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.