The Phoenix Apartments is a 13,562 Sq Ft building constructed in 1962 with all 24 units under one roof. The
desirable unit mix is comprised of 11 2-bed, eight 1-bed, and five studio units. The current ownership has
renovated 18 of the 24 units and are achieving a nice premium over non-renovated units. Of these 18 units,
eight have a luxury finish with new flooring, granite countertops, new cabinets, and stainless-steel appliances.
Ten of the units have had significant upgrades including countertops, flooring, and paint. The exterior recently
redone with modern color pallet and parking lot just resurfaced with enough parking for each tenant to have
a space. Common areas are updated with new paint and flooring accenting the mid-century charm of the
building. The new owner has the opportunity to optimize the rent roll, update the remaining six classic units,
and turn the laundry room into a revenue source.
The Phoenix apartments is workforce housing with very strong tenant demand in this central, walkable area of
Kansas City, Kansas. Residents enjoy walking to dining and shopping plus easy freeway access for employment
throughout the Kansas City area. Don’t miss out on this opportunity!
- Heating System:
- Baseboard
- Cooling System:
- Window Unit(s)
- Patio:
- Deck
- Parking:
- Off Street
- Utilities:
- Ind Heat And Air, Cent Water Heater
- Laundry Features:
- Central Laundry
- Sewer:
- City/Public
- Zipcode:
- 66102
- Street:
- Central
- Street Number:
- 2330
- Street Suffix:
- Avenue
- Longitude:
- W95° 20' 36.6''
- Latitude:
- N39° 6' 32.6''
- Zoning:
- R
- Directions:
- From Downtown KCMO, Head south on Walnut St toward Truman Rd, go 161 ft. Turn right onto Truman Rd. Parts of this road may be closed at certain times or days, go 0.3 mi. Turn right onto Broadway Blvd, go 0.2 mi. Turn left onto W 12th St Parts of this road may be closed at certain times or days, go 0.9 mi. Turn left onto Genessee St, go 184 ft. Turn right to merge onto I-670 W toward Topeka. Entering Kansas, go 0.5 mi. Take the exit on the left onto I-70 W, go 1.8 mi Take exit 420B for 18th Street, go 0.5 mi. Merge onto S 18th St. Turn left onto Central Ave, go 0.4 mi, Turn right , The destination will be on the left
- Mls Area Major:
- 409 - N=Mo Rvr;S=Ks Rvr;E=18th St;W=I-635
- High School District:
- Kansas City Ks
- Office Name:
- Lutz Sales + Investments
- Agent Name:
- Michelle Lutz
- Tax Annual Amount:
- $0
- Association Fee:
- $0
- Stories Total:
- 3
- Virtual Tour:
- https://www.dropbox.com/scl/fo/eyspro2pfqma4qfb8o1d2/h?rlkey=akyjwck82523yr3zkrj8x7skr&dl=0
- Water Source:
- Public
- Construction Materials:
- Concrete, Block
- Number Of Units Total:
- 24
- Association Fee Frequency:
- None
- List Agent Mls Id:
- MICHLUTZ
- List Office Mls Id:
- LUTZS
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2023-11-10T20:35:11Z
- Originating System Name:
- HMLS
Community: Other, Residential Income For Sale
, Kansas City, Wyandotte County, Kansas 66102, USA
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 2462792
- Price :
- $1,850,000
- Year Built :
- 1962
- Status :
- Active
- Property Sub Type :
- Apartment
