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Mulberry Lofts 905 Broadway Blvd 25 Unit Apartment Building $6,115,492 CAD ($244,620 CAD/Unit) Kansas City, MO 64105
Investment Highlights
- Incredible Walkable & Central Location in the Garment District
- Luxury Gut Renovation to the Studs with All New Modern Building Systems
- Luxury Tenant Amenities Include Rooftop Patio, Fitness Center & Parking Garage
- Boutique Asset with A-Class Finishes & Historic Charm
- All-Electric Building with Sub-Metered Utilities Including Water
- Mixed-Use with Three Commercial Tenants on Ground Level
Executive Summary
Mulberry Lofts is a charming mixed-use investment opportunity located in the heart of Downtown Kansas City. The property features 25 loft-style residential units and three commercial spaces, offering investors a diversified income stream in fast growing pocket of the city.
Originally constructed in 1902 and completely renovated down to the studs in 2018, the building blends historic architecture with modern A-Class finishes. Residents are drawn to exposed brick, original wood detailing, and historic tin ceilings paired with contemporary upgrades such as waterfall stone islands, stainless steel appliances, and in-unit laundry.
The property offers a best-in-class amenity package including a rooftop patio with skyline views, a fully equipped fitness center, an on-site parking garage, and secured entry. The beautifully designed lobby has charming original elements and a coffee bar for residents.
Located in the heart of Downtown Kansas City, Mulberry Lofts offers walkable access to the KC Streetcar and a corridor serving over 65,000 jobs.
With immediate access to the Downtown Loop, tenants can quickly reach major employers, entertainment districts, and key destinations across the metro. With professional management in place and 100% occupancy Mulberry Lofts provides immediate stable income with continued upside through rental growth and operational efficiencies in a thriving downtown location.
Originally constructed in 1902 and completely renovated down to the studs in 2018, the building blends historic architecture with modern A-Class finishes. Residents are drawn to exposed brick, original wood detailing, and historic tin ceilings paired with contemporary upgrades such as waterfall stone islands, stainless steel appliances, and in-unit laundry.
The property offers a best-in-class amenity package including a rooftop patio with skyline views, a fully equipped fitness center, an on-site parking garage, and secured entry. The beautifully designed lobby has charming original elements and a coffee bar for residents.
Located in the heart of Downtown Kansas City, Mulberry Lofts offers walkable access to the KC Streetcar and a corridor serving over 65,000 jobs.
With immediate access to the Downtown Loop, tenants can quickly reach major employers, entertainment districts, and key destinations across the metro. With professional management in place and 100% occupancy Mulberry Lofts provides immediate stable income with continued upside through rental growth and operational efficiencies in a thriving downtown location.
Property Facts
| Price | $6,115,492 CAD | Building Class | B |
| Price Per Unit | $244,620 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 20,448 SF |
| No. Units | 25 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1902/2018 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.22/1,000 SF |
| Price | $6,115,492 CAD |
| Price Per Unit | $244,620 CAD |
| Sale Type | Investment |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 20,448 SF |
| Average Occupancy | 96% |
| No. Stories | 5 |
| Year Built/Renovated | 1902/2018 |
| Parking Ratio | 1.22/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Fitness Center
- Pool
- Tenant Controlled HVAC
- Breakfast/Coffee Concierge
- Walking/Biking Trails
- Roof Terrace
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 583 - 979 |
| 1+1 | 13 | - | 300 - 820 |
| 2+2 | 4 | - | 979 |
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Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 29-220-28-03-00-0-00-000 | Improvements Assessment | $978,220 CAD |
| Land Assessment | $126,663 CAD | Total Assessment | $1,104,884 CAD |
Property Taxes
Parcel Number
29-220-28-03-00-0-00-000
Land Assessment
$126,663 CAD
Improvements Assessment
$978,220 CAD
Total Assessment
$1,104,884 CAD
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Mulberry Lofts | 905 Broadway Blvd
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