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2712 E 26th St
Kansas City, MO 64127
Parkplace West Apartments · Multifamily Property For Sale
·
8 Units


Investment Highlights
- Historic 8-plex with Four 2 Bed/1 Bath and Four 1 Bed/1 Bath Units
- Major Capital Improvements Completed
- Laundry Hookups in the Basement
- Beautiful Hardwood Flooring and Classic Finishes Throughout
- Prior Seller Invested Heavily to Bring the Building to “Rent-ready” Condition
Executive Summary
Parkplace West Apartments is a charming, well-maintained eight-unit building in a central Kansas City location. Originally built in 1910, the property features four spacious 2-bed/1-bath units and four 1-bed/1-bath units, all with beautiful original hardwood flooring that appeals to tenants seeking character. Each unit has its own private balcony.
Current ownership has done the heavy lifting during their ownership: all mechanical systems and the roof have been replaced within the last seven years, the electrical panels have been updated, and all unit interiors have been updated. Laundry hookups are conveniently located in the basement.
This classic eightplex offers stable cash flow in an established neighborhood with strong tenant demand from both market-rate and voucher tenants. The location provides excellent access to major employers and hospitals, including Saint Luke’s Health System, Children’s Mercy Hospital, University of Missouri-Kansas City (UMKC), and Rockhurst University. Cultural and recreational amenities abound—just minutes from the Nelson-Atkins Museum of Art, Kemper Museum of Contemporary Art, and Loose Park.
With capital expenses complete and timeless appeal, Parkplace West Apartments delivers reliable income with low near-term maintenance needs and solid long-term appreciation potential in a desirable submarket!
Current ownership has done the heavy lifting during their ownership: all mechanical systems and the roof have been replaced within the last seven years, the electrical panels have been updated, and all unit interiors have been updated. Laundry hookups are conveniently located in the basement.
This classic eightplex offers stable cash flow in an established neighborhood with strong tenant demand from both market-rate and voucher tenants. The location provides excellent access to major employers and hospitals, including Saint Luke’s Health System, Children’s Mercy Hospital, University of Missouri-Kansas City (UMKC), and Rockhurst University. Cultural and recreational amenities abound—just minutes from the Nelson-Atkins Museum of Art, Kemper Museum of Contemporary Art, and Loose Park.
With capital expenses complete and timeless appeal, Parkplace West Apartments delivers reliable income with low near-term maintenance needs and solid long-term appreciation potential in a desirable submarket!
Property Facts
| Price Per Unit | $108,241 CAD | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 7,236 SF |
| No. Units | 8 | Average Occupancy | 87% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1910 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Multi-Family | ||
| Price Per Unit | $108,241 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 7,236 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1910 |
| Opportunity Zone |
Yes |
| Zoning | Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 28-430-27-23-00-0-00-000 | Improvements Assessment | $70,220 CAD |
| Land Assessment | $5,847 CAD | Total Assessment | $76,068 CAD |
Property Taxes
Parcel Number
28-430-27-23-00-0-00-000
Land Assessment
$5,847 CAD
Improvements Assessment
$70,220 CAD
Total Assessment
$76,068 CAD
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