Greystone Townhomes

  • $12,675,000
1500-1557 NE Shale Court Grain Valley, Missouri 64029
  • Apartments
  • Property Type
  • 52
  • Rooms
  • 74,204
  • Sq Ft
  • 2023
  • Year Built
For Sale
1500-1557 NE Shale Court Grain Valley, Missouri 64029
  • $12,675,000

Overview

  • Apartments
  • Property Type
  • 52
  • Rooms
  • 74,204
  • Sq Ft
  • 2023
  • Year Built

Description

The Greystone Fourplex Package is a unique opportunity to acquire 52 newly built townhome units, all located within one neighborhood on a single parcel with no HOA. Constructed in 2023, the property consists of 13 identical quadplexes positioned along a private suburban cul-de-sac. Every unit is a spacious 3 Bed / 2.5 Bath featuring stainless steel appliances, granite countertops, modern finishes, and washer/dryer hookups in a dedicated laundry area. Units all have attached garages – either one or two car options are available. This acquisition supports multiple exit scenarios, providing strategic flexibility.

Grain Valley offers an ideal environment for families seeking a balance of affordability, safety, and quality of life within the Kansas City metro. Known for its highly regarded school district, strong sense of community, and family-oriented atmosphere, the city continues to attract households looking for long-term stability and opportunity. Abundant parks, trails, and recreational programs provide ample space for outdoor activities and youth engagement, while ongoing residential and infrastructure growth ensures the community is evolving to meet the needs of a growing population.Combined with convenient access to major employment centers via I-70, Grain Valley delivers both livability and connectivity, making it an increasingly desirable place for families to call home.

Grain Valley is the fastest growing suburban submarket in the Kansas City metro! With new construction, low maintenance, and proven occupancy, Greystone delivers a turnkey, scalable investment with excellent long-term appreciation prospects!

Why we love it: Brand-new 2023 construction, modern amenities, and strong location near top schools and employers deliver immediate cash flow with minimal capital expenses.

The Challenge: Newer construction commands premium pricing and 3 Bed/2.5 Bath floorplans have incredible demand from a variety of tenant types – from families to single professionals seeking ample living space!

The Value-add Play: Get all units up to market rent on renewal and manage for operational efficiency as demand and rental rates continue to climb!

  • Address 1500-1557 NE Shale Court
  • City Grain Valley
  • State/county Missouri
  • Zip/Postal Code 64029

Details

Updated on April 27, 2026 at 8:43 pm
  • Price: $12,675,000
  • Property Size: 74,204 Sq Ft
  • Rooms: 52
  • Bathrooms: Built in 2023
  • Garages: 52 Units
  • Year Built: 2023
  • Property Type: Apartments
  • Property Status: For Sale

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Michelle Lutz
  • Michelle Lutz