Lofts On Central

This fully occupied 18-unit multifamily property is located in a walkable area near major transit, offering immediate cash flow with long-term upside. The building features a mix of studio and one-bedroom units across five floor plans, secure controlled access, a small on-site fitness room, and off-street parking for approximately six vehicles. Its central location near major employers, hospitals, and universities supports consistent rental demand.

Approximately nine years ago, the property underwent a full renovation, including a new roof, new windows, PEX plumbing, exterior stucco, upgraded electrical systems, and modernized mechanicals, reducing near-term capital needs. Every unit includes an in-unit washer and dryer, a key amenity for this submarket.

The property is fully occupied and stabilized, providing reliable in-place income with multiple paths for upside. Investors may benefit from continued rent growth, a medium-term rental strategy, or targeted interior upgrades to drive higher rents. This offering represents a well-maintained, cash-flowing 18-unit asset in a highly accessible in demand Kansas City location. If you have questions about owning multifamily property in Kansas City please reach out. We can assist with introductions to commercial lenders eager to finance this type of property with 25% down and give options on third party property managers who would do an excellent job with this property. *no seller finance, please do not ask* This beautifully crafted property combines timeless charm with quality construction, creating a premier investment opportunity in the heart of the city where tenant demand remains exceptionally strong.

Why we love it: Stabilized in a fantastic location, this building has TONS of curb appeal. All major cap ex complete and flawlessly maintained by long term owner. 18 units is a nice juicy size. Big enough to matter but still small enough to easily operate!

The Challenge: Units will always be one beds but it works in this location. Limited parking (6 spots) but ample street parking.

The Value-add Play: Raise rents to market, consider medium term furnished rentals or giving units a luxury level rehab to attain the highest of rents. Make use of the extra unit in basement.