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.
Why we love it: This is the definition of what attracts and retains A-class residents – historic character with modern luxury finishes. The combination of exposed brick, high ceilings, and a well-appointed fitness center creates a highly desirable product that stands out in the market. The rooftop patio is the best in the city!
The Challenge: With tax abatement expiring at the beginning of 2028 property taxes are likely to increase under new ownership. The nearby construction might be disruptive temporarily while KC upgrades its infrastructure to make way for the
The Value-add Play: Continue to push rents on renewals to align with market growth in the downtown core. Consider medium-term furnished rentals to further increase revenue in this highly desirable, amenity-filled, and walkable location.