Log In/Sign Up
Your email has been sent.
Butler Brothers Lofts 804-808 Broadway St 30 Unit Apartment Building For Sale Kansas City, MO 64105
Investment Highlights
- Opportunity to acquire 30 units fully renovated in 2015 - Upgrades include brand new mechanicals, windows, roof, & Class A interior finishes
- Opportunity to acquire 99-stall parking garage just one block north of the property
- Proximity to neighborhood retail and commercial amenities with no property-level exposure to commercial tenants
- Full-size, side-by-side washer and dryer in all units
- Highly walkable and desirable location - Located directly on Broadway, 0.4 miles from KC Streetcar, and 0.5 miles from the River Market
- Operationally stable investment opportunity with 93%+ current occupancy
Executive Summary
Completely renovated in 2015, the property combines boutique scale, modern finishes, and a highly desirable amenity package to deliver a compelling residential offering in one of the city’s most dynamic urban locations.
The property is designed to attract and retain today’s renter, with condo-level finishes, high ceilings, full-size side-by-side washers and dryers in all units, storage lockers, a community room featuring co-working space, and a fitness center. Its prime downtown setting places residents within immediate reach of Kansas City’s leading employment, dining, entertainment, and cultural destinations, reinforcing the property’s strong appeal within the market.
Further enhancing the opportunity is the ability for an additional acquisition of a secure-access parking garage and upper-level surface lot with 99 total spaces located just steps from the property. This rare parking component provides a meaningful competitive advantage, added convenience for residents, and the potential for supplemental income in an urban environment where parking remains a valuable amenity. Currently, Ownership charges $110 per month for garage parking and $80 per month for surface parking.
With its Class A quality, complete 2015 renovation, exceptional downtown location, and additional parking upside, Butler Brothers Lofts presents a rare opportunity to acquire a distinctive, high-quality multifamily asset with strong in-place fundamentals and long-term appeal.
Contact us today to discuss this unique investment opportunity in further detail and to arrange a property tour.
The property is designed to attract and retain today’s renter, with condo-level finishes, high ceilings, full-size side-by-side washers and dryers in all units, storage lockers, a community room featuring co-working space, and a fitness center. Its prime downtown setting places residents within immediate reach of Kansas City’s leading employment, dining, entertainment, and cultural destinations, reinforcing the property’s strong appeal within the market.
Further enhancing the opportunity is the ability for an additional acquisition of a secure-access parking garage and upper-level surface lot with 99 total spaces located just steps from the property. This rare parking component provides a meaningful competitive advantage, added convenience for residents, and the potential for supplemental income in an urban environment where parking remains a valuable amenity. Currently, Ownership charges $110 per month for garage parking and $80 per month for surface parking.
With its Class A quality, complete 2015 renovation, exceptional downtown location, and additional parking upside, Butler Brothers Lofts presents a rare opportunity to acquire a distinctive, high-quality multifamily asset with strong in-place fundamentals and long-term appeal.
Contact us today to discuss this unique investment opportunity in further detail and to arrange a property tour.
Property Facts
| Sale Type | Investment | Lot Size | 0.34 AC |
| Sale Condition | High Vacancy Property | Building Size | 42,508 SF |
| No. Units | 30 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1909/2015 |
| Apartment Style | Mid-Rise | Parking Ratio | 1/1,000 SF |
| Building Class | C |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 42,508 SF |
| Average Occupancy | 96% |
| No. Stories | 5 |
| Year Built/Renovated | 1909/2015 |
| Parking Ratio | 1/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Views
- Wi-Fi
- Island Kitchen
- Wheelchair Accessible (Rooms)
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Property Manager on Site
- Gameroom
- Vintage Building
- Wi-Fi
- Elevator
- Multi Use Room
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 30 | - | 742 |
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 29-310-21-02-00-0-00-000 | Improvements Assessment | $1,096,590 CAD |
| Land Assessment | $72,646 CAD | Total Assessment | $1,169,236 CAD |
Property Taxes
Parcel Number
29-310-21-02-00-0-00-000
Land Assessment
$72,646 CAD
Improvements Assessment
$1,096,590 CAD
Total Assessment
$1,169,236 CAD
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Butler Brothers Lofts | 804-808 Broadway St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.