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Anndell Park 748 N 63rd St 68 Unit Apartment Building For Sale Kansas City, KS 66102
Investment Highlights
- Original Developer Ownership Since the 1960s
- Quality Construction and Consistent Ownership Maintenance
- Minutes from the Future Home of the Kansas City Chiefs
- Significant Revenue Upside Through Rents, Renovations, and Utility Recovery
- Direct Access to Major Employment and Retail
- Opportunity Zone, Qualified Census Tract, and Meaningful Development Optionality
Executive Summary
As exclusive advisor, MMG Real Estate Advisors is pleased to present Anndell Park, a 68-unit multifamily community situated on approximately 22 acres in Kansas City, Kansas. The property was developed by its current ownership between 1966 and 1974 and has remained in their hands ever since, never having traded. Most units remain in classic
condition, rents trail the market, and utilities flow through ownership without resident recovery, each representing a clear and immediate path to NOI growth for new ownership.
The 22-acre site spans multiple parcels, each carrying RP-5 zoning and a multifamily highest-and-best-use designation, and sits within both an Opportunity Zone and a Qualified Census Tract in Wyandotte County. The market is anchored by the Kansas City Chiefs’ announced $3 billion domed stadium sited minutes from the property. Anndell Park presents a well-maintained asset with a straightforward operating upside story and a land position flexible enough to support new construction, parcel sales, or amenity development alongside ongoing apartment operations.
condition, rents trail the market, and utilities flow through ownership without resident recovery, each representing a clear and immediate path to NOI growth for new ownership.
The 22-acre site spans multiple parcels, each carrying RP-5 zoning and a multifamily highest-and-best-use designation, and sits within both an Opportunity Zone and a Qualified Census Tract in Wyandotte County. The market is anchored by the Kansas City Chiefs’ announced $3 billion domed stadium sited minutes from the property. Anndell Park presents a well-maintained asset with a straightforward operating upside story and a land position flexible enough to support new construction, parcel sales, or amenity development alongside ongoing apartment operations.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 4.30 AC |
| No. Units | 68 | Building Size | 37,920 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1974 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | KRP5 | ||
| Sale Type | Investment |
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 4.30 AC |
| Building Size | 37,920 SF |
| No. Stories | 3 |
| Year Built | 1974 |
| Opportunity Zone |
Yes |
| Zoning | KRP5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Lawn
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $949.13 CAD | 400 |
| 1+1 | 47 | $1,217 CAD | 500 |
| 2+1 | 20 | $1,342 CAD | 625 - 1,010 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 018923 | Improvements Assessment | $600,802 CAD (2025) |
| Land Assessment | $11,282 CAD (2025) | Total Assessment | $612,084 CAD (2025) |
Property Taxes
Parcel Number
018923
Land Assessment
$11,282 CAD (2025)
Improvements Assessment
$600,802 CAD (2025)
Total Assessment
$612,084 CAD (2025)
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Anndell Park | 748 N 63rd St
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