600 Central St - Apartments FOR SALE


Kansas City, MO 64105- Financial District
$4,500,000 USD
785-543-9409
600 Central St, Kansas City, MO for Sale
$4,500,000 USD
Apartments - FOR SALE
1/71
null | Request Cap Rate

600 Central St
Kansas City, MO 64105
Financial District


HIGHLIGHTS

  • OGGI Lofts, situated on the northern edge of the downtown loop in Kansas City
  • 25 units, was fully rehabbed in 2019 with historic tax credits, and is extremely well positioned for growth
  • The property boasts luxury Class A loft-style finishes and ample amenities, making it an ideal place for young professionals
  • The property is conveniently situated next to I-70 and I-35, providing easy access to the entire Kansas City Metro
  • This investment offers buyers a stabilized, turnkey asset surrounded by positive momentum throughout downtown

OVERVIEW

OGGI Lofts, situated on the northern edge of the downtown loop in Kansas City, Missouri, comprises 25 units, was fully rehabbed in 2019 with historic tax credits, and is extremely well positioned for growth compared to the competition in the surrounding area. Originally built in 1902, it was home to a furniture shop until vacated in 2007. The unit mix consists of two studio units at 552 square feet, 20 one-bed/one bath units with an average of 694 square feet, and three two-bed/two-bath units at 1,313 square feet. The property boasts luxury Class A loft-style finishes and ample amenities, making it an ideal place for young professionals. Located on the north end of Downtown Kansas City, the property is conveniently situated next to I-70 and I-35, providing easy access to the entire Kansas City Metro. Just blocks away is a stop on the KC Streetcar which can take you south through the downtown loop, the Crossroads Art District, and soon to the Country Club Plaza via the southern extension that will wrap up construction in 2025. To the north of the property is the historic Kansas City River Market which includes a mix of shops, boutiques, a unique variety of restaurants and cafes, and the region’s largest farmer’s market. This investment offers buyers a stabilized, turnkey asset surrounded by positive momentum throughout downtown. To support additional rent growth, the property’s amenities include a fitness center, rooftop grill and lounge, elevator access, additional storage, off-street parking, and smart home features, which set OGGI Lofts apart from the competition.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

25

PRICE/UNIT

$180,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oggi Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1902

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Downtown Core

APN/PARCEL ID

29-220-08-01-00-0-00-000

ASK ABOUT THIS PROPERTY

Grant KollmanColliersMore Info
785-543-9409

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Grant KollmanColliersMore Info
785-543-9409

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