The Lawn Apartments are stately brick buildings in Kansas City’s thriving Historic Northeast neighborhood. The property was originally built in 1923 and underwent extensive renovations in 2023/2024 with a luxury finish in all units and brand-new individual furnaces.
With 96% two-bedroom units and on-site parking this property has what residents are looking for in a rental. Units feature new LVP flooring, modern kitchen cabinetry, updated fixtures, and tile showers in oversized bathrooms. Submetered for all utilities except water, this complex sits just outside downtown in an established neighborhood, providing seamless access to all that Kansas City has to offer. Do not miss your chance to own Lawn Apartments!
Why we love it: 96% Two Bedroom Units and On-site Parking. The only thing missing is laundry and there is a clear path to add it.
The Challenge: No laundry on site currently. Units have central heat but not central air. Mostly voucher tenant base.
The Value-Add Play: Consider adding coin operated laundry rooms in basements. Fill vacancies and focus on operational efficiencies to maximize cashflow.