The James Apartments

The James Apartments is a trophy property in Kansas City’s walkable Volker neighborhood. The adjacent buildings with a shared parking lot contain a total of 21 units, an eight unit building originally constructed in 1960 and a 13 unit building originally constructed in 1935. The properties feature 100% one-bedroom units with well-designed, modernized kitchens, stainless appliances, and quartz countertops. Original hardwood floors grace the entire unit except the designer tile kitchens and bathrooms; the wood floors add warmth and charm as light streams in from oversized replacement windows. Ten of the 21 units have recent renovations to this luxury standard. Each building has its own coin-operated laundry room, and there is ample parking in the rear lot.

Located just four blocks from KU Medical Center, the area’s largest hospital and medical school, this property is ideal for professionals or students. Residents enjoy proximity to local attractions, including the Country Club Plaza, only 1.5 miles away and the lively 39th Street corridor, within walking distance. This property combines classic style with modern convenience in one of Kansas City’s most vibrant neighborhoods. This is an excellent opportunity for investors seeking a trophy property in a prime location!

The Value Add Play: Great opportunity to rehab remaining units and achieve market rents as tenants move out. Consider renting furnished units to medical students or traveling nurses, the location is perfect for it.

Why We Love It: The well-kept building is situated in an excellent location, close to KU Medical and the 39th Street Corridor.

Challenges: Older buildings can come with some challenges, but this well-maintained building was built to last and already has updated plumbing, electrical, and central HVAC. One bedroom units really work in this location.