The Romanelli Reserve

Experience luxury living at The Romanelli Reserve, an exclusive nine-unit multifamily property. Each unit boasts a desirable 2-bedroom, 2-bathroom layout, featuring real hardwood floors, quartz countertops with oversized waterfall islands, premium GE appliances, and spacious walk-in pantries.

Tenants will appreciate the thoughtfully designed custom-tiled bathrooms, expansive 10-foot ceilings with recessed lighting, and the convenience of in-unit laundry facilities. Each unit includes either a large first-floor patio or an upstairs balcony, perfect for relaxing or entertaining. On-site parking adds to the convenience, while sub-metered utilities help keep owner expenses low.

The Romanelli Reserve exemplifies modern living, blending luxury and functionality seamlessly. While its unmatched high-end finishes set it apart in Kansas City, its exceptional location makes it truly rare. Situated just south of the prestigious Country Club Plaza neighborhood and minutes from notable schools and hospitals, this property is poised to attract a diverse range of tenants.

Why we love it: This newly constructed portfolio provides peace of mind with its high-quality construction and low maintenance costs for years to come. With 8 of 9 units currently occupied, tenant demand is strong. To achieve quick occupancy following completion, the owner initially leased the units below market value. The true market rent is projected to be closer to $2,495 per unit. Luxury rentals of this standard are a rare offering in Kansas City.

The Challenge: Beautiful new construction in great locations does not come cheap!

The Value-Add Play: Consider adding furnished corporate rentals or even short-term rentals to increase cash flow