Benton Apartments
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Benton Apartments
2 Multifamily Properties Offered at $1,080,000 in Kansas City, MO
Investment Highlights
- 100% Two Bedroom Units
- Every interior unit has new electrical, plumbing and HVAC
- Updated Interior Rehab Completed on 100% of Units
- Off-street Parking & In-unit Laundry
Executive Summary
Discover an unparalleled investment opportunity at Benton Apartments in Kansas City, featuring two 6-unit buildings with a dedicated parking behind the building. All 12 units are newly renovated large two bedroom one bathroom units. All units have had extensive luxury interior renovation in 2024, with updated flooring throughout, new appliances, and fully updated bathroom and kitchens. All units have brand new plumbing, electrical and HVAC mechanicals.
Fully occupied and just 3 miles from downtown this property has all separately metered utilities (with the exception of water) to ensure cost efficiency and easy ownership. The two 6 units buildings have a small parking lot in the back and all units feature private large front and back balconies. 100% occupied and stabilized. Realize both cash flow and appreciation with this desirable asset in an up and coming area.
The Value Add Play: This property will naturally increase in value over time with appreciation. No rehab needed here, its all been done!
Why We Love It: Close to downtown, historical charm, large 2-bedroom units, and all major cap ex completed. Everything is new!
Challenges: Exterior still needs a bit of completion although back decks are new. Tenants are voucher and on leases. No rent increases for at least a year.
Fully occupied and just 3 miles from downtown this property has all separately metered utilities (with the exception of water) to ensure cost efficiency and easy ownership. The two 6 units buildings have a small parking lot in the back and all units feature private large front and back balconies. 100% occupied and stabilized. Realize both cash flow and appreciation with this desirable asset in an up and coming area.
The Value Add Play: This property will naturally increase in value over time with appreciation. No rehab needed here, its all been done!
Why We Love It: Close to downtown, historical charm, large 2-bedroom units, and all major cap ex completed. Everything is new!
Challenges: Exterior still needs a bit of completion although back decks are new. Tenants are voucher and on leases. No rent increases for at least a year.
Property Facts
| Price | $1,080,000 | Number of Properties | 2 |
| Price / SF | $72.09 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 14,982 SF |
| Status | Active | Total Land Area | 0.20 AC |
| Price | $1,080,000 |
| Price / SF | $72.09 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,982 SF |
| Total Land Area | 0.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2705-2707 Benton Blvd, Kansas City, MO 64128 | Multifamily | 5,742 SF | 1930 | - |
| 2701-2703 Benton Blvd, Kansas City, MO 64128 | Multifamily | 9,240 SF | 1930 | - |
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