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401 Charlotte Lofts 401 Charlotte St 12 Unit Apartment Building For Sale Kansas City, MO 64106
INVESTMENT HIGHLIGHTS
- Large 2-bedroom townhome style units with private entrances
- Walking distance to the River Market, Berkley Riverfront, and newly expanded Kansas City Streetcar
- Stainless steel appliances and modern finishes
- 10-year tax abatement
- Additional 0.53 acre site for future development. Potential for 6 townhomes or 12 apartments, and qualifies for 10-year tax abatement
EXECUTIVE SUMMARY
Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire 401 Charlotte Lofts, a 12-unit property located in the historic Columbus Park at 401 Charlotte St, Kansas City, MO 61406. The Property consists of 12 two-bedroom, one-bath units and is 92% leased. Built in 2023, the units are townhome-style with private entrances and front patios. Each unit features 21-foot ceilings, stainless steel appliances, an in-unit washer/dryer, and modern finishes.
401 Charlotte Lofts is in an excellent location, within walking distance of the $1B Berkley Riverfront mixed-use development, newly expanded Kansas City streetcar, and the River Market. Tenants can take advantage of best-in-class nearby amenities while still enjoying the comfortable, residential character of Columbus Park.
401 Charlotte Lofts is in an excellent location, within walking distance of the $1B Berkley Riverfront mixed-use development, newly expanded Kansas City streetcar, and the River Market. Tenants can take advantage of best-in-class nearby amenities while still enjoying the comfortable, residential character of Columbus Park.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.61 AC |
| No. Units | 12 | Building Size | 15,216 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 2023 |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 15,216 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built | 2023 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | 900 - 1,100 |
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $55,021 CAD | |
| Land Assessment | $140,524 CAD | Total Assessment | $195,545 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$140,524 CAD
Improvements Assessment
$55,021 CAD
Total Assessment
$195,545 CAD
CONTACTS
-
Michael VanBuskirk SIOR, CCIM,CRE -
Christopher Robertson, CCIM -
Raegen Kersey -
Newmark Zimmer
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401 Charlotte Lofts | 401 Charlotte St
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