4200 Tracy Ave - Apartments FOR SALE


Kansas City, MO 64110- Manheim Park
$3,500,000 USD
816-774-4250
4200 Tracy Ave, Kansas City, MO for Sale
$3,500,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

4200 Tracy Ave
Kansas City, MO 64110
Manheim Park


HIGHLIGHTS

  • Multiple Value-Add Strategies
  • Operational Upside
  • Attractive Price Point
  • Prime Midtown Location
  • Ample Off-Street Parking

OVERVIEW

Immanuel Manor offers a highly desirable investment in South Hyde Park, one of Midtown Kansas City’s strongest rental markets. With multiple value-add paths—continuing the 55+ voucher program, converting to market-rate housing, or a hybrid approach—investors can unlock immediate upside. Priced at under $75K per unit, with ample off-street parking and a walkable location, this property is well-positioned for operational improvements from day one, delivering strong returns in a rapidly appreciating market.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

47

PRICE/UNIT

$74,468

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Immanuel Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1947

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

30-130-26-27-00-0-00-000

ASK ABOUT THIS PROPERTY

Quinn HahsClemons Real EstateMore Info
816-774-4250

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

Quinn HahsClemons Real EstateMore Info
816-774-4250

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