Welcome to your newest Trophy property, the Columbus Park Four is a fully reimagined property in the heart of KansasCity’s most storied neighborhoods. Completely rebuilt in 2022 with all-new electrical and plumbing systems and luxury finishes, this exceptional asset blends the character of its historic structure with brand-new, high-end finishes throughout. Currently operating as a successful medium-term rental, the property generates $200,000 in gross annual income, making it a rare turnkey opportunity with strong in-place cash flow.
Every unit features quartz countertops, custom cabinetry, and real hardwood floors—finishes typically reserved for luxurysingle-family homes. Designer Title and incredible fireplaces and lighting. The all-electric building has central heat and air for each unit, along with laundry in each unit. New construction quality built to modern code means minimal near-termcapital needs for a new owner.
The crown jewel of the property is a stunning 1,400 square foot rooftop deck, accessible to all four units via a dramatic central staircase. Offering sweeping views of the Kansas City skyline, the rooftop is a signature amenity that commands premium rents and distinguishes this property from anything else in the market. The Columbus Park Four is ideally positioned to continue as a high-performing medium-term rental or to be converted to long-term luxury leases with equally strong returns.
Why We Love It: New construction quality from an experienced local home builder in business for more than 30 years. New construction quality means peace of mind with virtually no near-term capital expenditure needs. Rarely will such a beautiful asset offers such a high cap rate.
The Challenge: The building has impeccable finishes but only offers street parking.
The Value-add Play: The medium-term rental strategy is already proven and performing. A buyer could maintain the MTR model and convert to long-term luxury leases to attract professional tenants.