Price Reduction
Address
7000-7022 Cleveland Avenue, Kansas City, MO
Price
$ 2,490,000
Property Attributes
- MLS#2482058
- TypeMulti-Family
- CountyJACKSON
- CityKansas City
- Area202 - Kansas City Area
- NeighborhoodShiloh View
- Zip64132
- Style
- Year Built1963
- Taxes$ 34542
- Price$ 2,490,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.2758 Acres
Data Source:
Heartland MLS (HMLS)
Property Description
Park Place Apartments is a 34 unit stately apartment building on two legal parcels. These three-story brick 1960s construction buildings contain a desirable mix of 16 two-bedroom, 16 one-bedroom units, and two studio units. Park Place Apartments has ample on-site parking behind the building with easy direct access to units and its own large parking lot. Most of the units have been renovated with high end finishes including granite countertops and updated bathrooms and kitchens. Each unit has central heat and AC, dishwashers and front and back entrance. Building exteriors are in great shape and a security camera system monitors the parking lot. Opportunity exists to add laundry rooms in the basements furthering tenant amenities. All cap ex has been completed with newer roof, redone common areas and updated units. This location is centrally located, along public transportation routes and close to downtown. Third party management currently in place. The largely market-rate tenant base enjoys the spacious floorplans, upgraded kitchens and bathrooms, and granite countertops. 14 of the 34 units have been freshly renovated in the last year and are achieving a $200/ mo premium over non-renovated units. Opportunity exits to add two additional units and bring back on-site laundry rooms. The growing Swope Park neighborhood supports both workforce and professional housing and has easy freeway or bus access to anywhere in the Kanas City Metro.
| Price History | |
|---|---|
| 4/14/2024 | Listed $2,590,000 |
| 5/3/2024 | 4% - $2,490,000 |
General Features
| Sewer | City/Public |
|---|---|
| Heating | Forced Air |
| Cooling | Gas |
| Utilities | Separate Meters |
| Roof | Composition |
| Zoning | R-1.5 |
| Construction Materials | Brick Veneer,Concrete |
| Year Built | 1963 |
| Property SubType | Apartment |
| Assoc Fee Paid Per | None |
| County | Jackson |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | Shiloh View |
| Garage Y/N | No |
| Status | Active |
| Directions | Head north on Walnut St toward E 16th St,go 0.1 mi Turn right onto Truman Rd,go 420 ft Take the ramp on the left to I-70 E,go 0.2 mi Merge onto I-670 E,go 0.1 mi Take the exit onto U. S. Hwy 71 S |
| City | Kansas City |
| High School District | Kansas City Mo |
| Total Units | 34 |
| MLS Area | 202 - Kansas City Area (So. of River) |
| Lot Size Square Feet | 55574 |
| Street Name | Cleveland |
| Listing Terms | Cash,Conventional |
| Public Remarks | Park Place Apartments is a 34 unit stately apartment building on two legal parcels. These three-story brick 1960s construction buildings contain a desirable mix of 16 two-bedroom,16 one-bedroom units |
| Virtual Tour | https://www.dropbox.com/sh/ufsvpmywbo6jqbr/AABeHqeUMmX9ovhwK9NFoXCLa?dl=0 |
| Standard Status | Active |
| In Flood Plain | No |
| HMS_MaintenanceProvidedYN | No |
Interior Features
| Total Stories | 3 |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Street Suffix | Avenue |
| Unit Type | 1 Bedroom,2 Bedroom,Efficiency |
Exterior Features
| Parking Features | Off Street,Paved |
|---|---|
| Water Source | City/Public - Verify |
| Lot Size Area | 55574 |
| Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 64132
Price
Taxes
Visits
Year Built
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