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Countryshire Apartments 8627 Countryshire Ln 22 Unit Apartment Building $3,355,789 CAD ($152,536 CAD/Unit) Kansas City, MO 64138
Investment Highlights
- Great Highway access - minutes from I-435 and 350 Highway
- 6 townhome units with attached garages
- Private patios and balconies in select units
- 28 off street parking stalls
Executive Summary
Countryshire Apartments is a 22-unit multifamily offering located at 8627 Countryshire Lane in Kansas City, MO. The property offers investors the opportunity to acquire a workforce housing asset with value-add potential in a quiet residential neighborhood with strong renter demand. The property consists of 22 units across four 4-plex’s and three duplexes with attached garages in a low-density garden style layout. The layout provides residents with a quiet environment while maintaining great access to major highways, employers, retail amenities, and local schools. Countryshire apartments offers local and regional investors the opportunity to capitalize on rent growth and operational
improvements through strategic renovations and management.
improvements through strategic renovations and management.
Property Facts
| Price | $3,355,789 CAD | Lot Size | 2.12 AC |
| Price Per Unit | $152,536 CAD | Building Size | 36,530 SF |
| Sale Type | Investment | Average Occupancy | 81% |
| No. Units | 22 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 0.64/1,000 SF |
| Apartment Style | Townhome | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $3,355,789 CAD |
| Price Per Unit | $152,536 CAD |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 2.12 AC |
| Building Size | 36,530 SF |
| Average Occupancy | 81% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 0.64/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Fireplace
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Tile Floors
- Hardwood Floors
- Carpet
- Deck
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 12 | - | - |
| 3+2 | 5 | - | - |
| 3+2.5 | 1 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $245,424 CAD | |
| Land Assessment | $56,405 CAD | Total Assessment | $301,829 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$56,405 CAD
Improvements Assessment
$245,424 CAD
Total Assessment
$301,829 CAD
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Countryshire Apartments | 8627 Countryshire Ln
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