Friedman Real Estate is pleased to offer for sale via auction “Independence Towers", a ±123-unit multifamily property located in Independence, MO (Kansas City suburb). The property consists of an 11-story mid-rise tower that offers a desirable selection of studio, one, and two-bedroom apartment homes. With an existing ±63% occupancy, there is a substantial value-add potential for investors once the property is stabilized and management efficiencies are introduced. Upon acquisition, new ownership can swiftly renovate and make available top-floor units with excellent views of the Kansas City skyline. Additionally, various underutilized common areas can be converted into a contemporary fitness room, resident lounge, and other spaces that generate revenue. The secure underground parking garage also presents revenue opportunities through parking fees.