Benton Apartments

Discover an unparalleled investment opportunity at Benton Apartments in Kansas City, featuring two 6-unit buildings with a dedicated parking lot behind the building. All 12 units are newly renovated large two bedroom one bathroom units. All units have had extensive luxury interior renovation in 2024, with updated flooring throughout, new appliances, and fully updated bathroom and kitchens. All units have brand-new plumbing, electrical, and HVAC mechanicals.

Fully occupied and just 3 miles from downtown this property has all separately metered utilities (with the exception of water) to ensure cost efficiency and easy ownership. The two 6-unit buildings have a small parking lot in the back, and all units feature private large front and back balconies. 100% occupied and stabilized.  Realize both cash flow and appreciation with this desirable asset in an up-and-coming area.

The Value Add Play: This property will naturally increase in value over time with appreciation. No rehab needed here, its all been done!

Why We Love It: Close to downtown, historical charm, large 2-bedroom units, and all major cap ex completed. Everything is new!

Challenges: Exterior still needs a bit of completion although back decks are new. Tenants are voucher and on leases. No rent increases for at least a year.