Roberts Apartments

This 14-unit solid brick building presents a strong value-add opportunity just minutes from downtown Kansas City. The property features spacious 1 Bed / 1 Bath units that have been thoughtfully updated with modern finishes, including new kitchen cabinets and countertops, as well as renovated bathrooms with tile showers.

The building is currently 100% vacant, giving a new owner the ability to immediately place tenants at market rents or continue with a voucher program. The landlord currently pays for water, gas, and trash, while tenants are responsible for electric. With easy access to Independence Avenue and public transportation, the location appeals to a wide range of renters.

This property offers significant upside through lease-up at current market rates, with the potential to increase income further by transitioning to full market-rate tenancy over time. With recent updates already completed, the building is well-positioned for strong cash flow and long-term appreciation in a convenient, high-demand area near downtown Kansas City.

Why We Love It: Low-maintenance brick exteriors with all capital expenses completed, including roof, windows, electrical, and new back decks. 100% renovated units.

The Challenge: No off-street parking.

The Value-add Play: Increase operational efficiency for steady cash flow.