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Swope Plaza Estates 3000 E 49th St 63 Unit Apartment Building For Sale Kansas City, MO 64130
INVESTMENT HIGHLIGHTS
- 63 one-bedroom units, each 650 SF
- Projected stabilized NOI of $406K
- 90 parking spaces (1.45 parking ratio)
- Six additional 1BR units possible via basement buildout
- Individually metered electric; no gas; water/sewer master-metered
EXECUTIVE SUMMARY
Clemons Real Estate is pleased to present Swope Plaza Estates, a 63-unit multifamily redevelopment opportunity located along Martin Luther King Jr. Blvd at the southeast corner of Brush Creek and Highway 71 in Kansas City. The property is fully vacant and under construction, with all units framed, roughed-in, and several partially finished—offering a clean slate for investors to complete and stabilize.
Each unit is a 650 SF one-bedroom layout, ideal for efficient lease-up and long-term operations. The garden-style design minimizes shared space and future maintenance needs, while the utility structure features individually metered electric and RUBS for water and trash.
Located less than a mile from key community investments like Swope Health, Blue Parkway Sunfresh, and the Shops at Blue Parkway, the property sits adjacent to the forthcoming Offices at Overlook and within reach of The Rochester Apartments. The Country Club Plaza lies just 2.5 miles west via the Brush Creek Trail.
With projected NOI of $406,238 and potential to expand to 69 units, Swope Plaza offers scale, efficiency, and upside in a reinvesting corridor.
Each unit is a 650 SF one-bedroom layout, ideal for efficient lease-up and long-term operations. The garden-style design minimizes shared space and future maintenance needs, while the utility structure features individually metered electric and RUBS for water and trash.
Located less than a mile from key community investments like Swope Health, Blue Parkway Sunfresh, and the Shops at Blue Parkway, the property sits adjacent to the forthcoming Offices at Overlook and within reach of The Rochester Apartments. The Country Club Plaza lies just 2.5 miles west via the Brush Creek Trail.
With projected NOI of $406,238 and potential to expand to 69 units, Swope Plaza offers scale, efficiency, and upside in a reinvesting corridor.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 2.30 AC |
| No. Units | 63 | Building Size | 42,512 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Garden | Parking Ratio | 1.5/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R-1.5 | ||
| Sale Type | Investment |
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.30 AC |
| Building Size | 42,512 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-1.5 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Package Service
- Smoke Free
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 63 | - | 650 |
PROPERTY TAXES
| Parcel Number | 31-430-06-03-00-0-00-000 | Improvements Assessment | $634,606 CAD |
| Land Assessment | $74,045 CAD | Total Assessment | $708,651 CAD |
PROPERTY TAXES
Parcel Number
31-430-06-03-00-0-00-000
Land Assessment
$74,045 CAD
Improvements Assessment
$634,606 CAD
Total Assessment
$708,651 CAD
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Swope Plaza Estates | 3000 E 49th St
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