Pine Creek

  • $6,738,000
501-509 Pine Drive Odessa, Missouri
  • Portfolios
  • Property Type
  • 30
  • Rooms
  • 43050
  • Sq Ft
  • 2025
  • Year Built

Overview

  • Portfolios
  • Property Type
  • 30
  • Rooms
  • 43050
  • Sq Ft
  • 2025
  • Year Built

Description

Pine Creek is an opportunity to own a street of 30 brand-new 3 Bed / 2.5 Bath townhome units in Odessa, Missouri. Comprised of 6 fourplexes and 2 triplexes, every spacious 2-story townhome unit features high-end finishes including stainless steel appliances, granite countertops, LVP flooring throughout, in-unit washer/dryer, and an attached 1-car garages with additional driveway parking.

All units are all-electric and separately metered for everything including water and trash. Adjacent lots owned by the seller are available for future acquisition, creating a scalable development opportunity over time. With no HOA, this development is a rare chance to own an entire neighborhood in an appreciating Kansas City submarket. Odessa’s growing appeal draws working professionals and families who value the good schools and family-friendly atmosphere. Workers typically commute to nearby Kansas City (30-40 minute drive) along the I-70 corridor. Residents value the low cost of living, close by dining and shopping in Eastern Jackson County and the strong sense of community. This portfolio has both low operating costs and maximum future flexibility on the exit, all fourplex and triplex buildings are individually parceled.

New construction means low capital expenses for years to come. Current third party property management is currently In place and eager to stay on if needed making ownership easy.

Pine Creek delivers turnkey modern living and excellent long-term appreciation potential!

Why We Love It: Brand-new construction, modern high-end finishes in every unit, 100% 3 bedroom townhome units, in-unit W/D, attached garages, and the ability to own an entire street in a growing suburban market.
The Challenge: Completed units are just undergoing lease-up and should be fully leased by the end of summer 2026. Lease rates can likely be pushed higher after initial lease up.
Value-add Play: New property manager for operational efficiency and focus on initial lease up in year one!
  • Address 501-509 Pine Drive
  • City Odessa
  • State/county Missouri
  • Zip/Postal Code 64076

Details

Updated on June 3, 2026 at 6:21 pm
  • Price: $6,738,000
  • Property Size: 43050 Sq Ft
  • Rooms: 30
  • Bathrooms: Built In 2025
  • Garages: 30 Units
  • Year Built: 2025
  • Property Type: Portfolios
  • Property Status: For Sale

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Michelle Lutz
  • Michelle Lutz