Description
Armourview Apartments presents a rare opportunity to acquire a historically significant, colonnade-style multifamily building in the heart of Kansas Citys thriving Midtown neighborhood. Originally constructed in 1911, the building is located within the Old Hyde Park Historic District. This three-story building is one of the areas original apartment residences, retaining architectural heritage with new mechanicals, updated plumbing and electrical, providing investors with reduced capital expenditure risk.The property consists of 17 units across a mix of five studios, 11 one-bedroom, and one two-bedroom unit?appealing to a largely professional...read more tenant base. Positioned within walking distance to Broadway-Gillham retail, Martini Corner, and the KC Streetcar extension, Armourview is ideally located to benefit from continued neighborhood revitalization and infrastructure-driven growth. This well sized multifamily investment checks all the boxes. Stabilized but with upside. All major upgrades completed and in a location that is super central to Kansas Citys most active neighborhoods. This is the kind of opportunity experienced investors see - offering authentic upside and appreciation potential in one of Kansas Citys most compelling rental markets.