Charlotte Apartments

The Charlotte Apartments are an incredible opportunity to own in a prime South Hyde Park location, steps from the new Streetcar extension. These charming twin brick buildings share a rear parking lot and feature 100% two bedroom units.

Residents enjoy covered patios, in-unit laundry, galley style kitchens with separate dining area perfect for an office or extra living space. Off-street parking for eight vehicles. Located just blocks away from Gilham Park, restaurants, shops, and schools makes this an ideal location for professionals seeking charm and walkability in one of Kansas City’s oldest and most charming neighborhoods. Don’t miss this incredible investment opportunity!

Why we love it: Prime location for residents those wanting a charming walkable neighborhood in the heart of it all. Broad appeal for a variety of working professionals. Parking, laundry, and a well-maintained building that just needs minor cosmetic updates as units turn to realize income upside. 100% 2-bedroom units.

The Challenge: Some exterior capital expenses needed over the next few years and need to update units and add washer dryer to maximize rental income as units turn over.

The Value-add Play: Add Central heating/cooling for the units that don’t yet have, raise rents to market rate, add washer/dryer to units, update countertops to maximize rent.