Manor Ridge

Manor Ridge is a 49-unit workforce housing asset across three well-maintained brick buildings comprising three two-bedrooms, 43 one-bedrooms, and thee studios.​ The property features on-site parking, coin-operated laundry in the basements, and secured entry.​ Nearly all HVAC systems were replaced in 2018, all new doors were installed in 2023, and the roof, parking lot, and brick exterior remain in excellent condition.​ Clean, well-kept workforce housing never goes out of style — and Manor Ridge delivers exactly that.​

All 49 units are 100% market rate, sub-metered for gas and electric with tenants responsible for their own utility costs.​ Landlord-paid water/sewer and trash are offset by a $50/month utility fee on new leases.​ Independence sits within the Kansas City metro, drawing on a demographic that reliably seeks clean, professionally managed workforce housing over homeownership.​ The property benefits from proximity to major employers including the VA Medical Center and Centerpoint Medical Center, and the retail draw of Independence Center.​

With all major capital expenditures complete, and durable demand drivers, Manor Ridge is one to add to your portfolio today!

Why we love it: Well-kept buildings with all capital expenses completed. Parking, laundry, and clean affordable units means you’ll always attract renters.

The Challenge: Predominantly one-bedroom units means you don’t have a mix of unit types, but on the flip side single working tenants are very light on utilities!

The Value-add Play: Get all units up to market rent and manage for operational efficiency.