Trolley Park Lofts Kansas City, MO

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Trolley Park Lofts

Address

412 West 8th Street
Kansas City, MO 64105

Summary

Units: 55
Year Built: 1907
Year Renovated: 2014

Investment Highlights

High Quality Adaptive Reuse in Downtown Kansas City
Incredibly Well-Positioned for Value-Add Implementation
Remarkable $172/Unit (Per Month) Upside with Light Interior Cosmetic Updates
Strong Surrounding Demographic Profile
Prime Location Near Employment, Retail, & Entertainment
Offered Free and Clear or With Attractive Assumable Financing
Infill Location with High Barriers to Entry

High Quality Adaptive Reuse in Downtown Kansas City

Exceptionally high-quality construction is evidenced throughout Trolley Park Lofts, which is the product of a 2014 Historical Rehabilitation where no stone was left unturned. This community offers a robust amenity package and higher end finishes throughout the unit interiors.

Incredibly Well-Positioned for Value-Add Implementation

New ownership has the opportunity to realize significant rent premiums through cosmetic, value-add renovations in order to elevate units to top-of-market levels. These light value-add initiatives will provide remarkable upside on the investment.

Remarkable $172/Unit (Per Month) Upside with Light Interior Cosmetic Updates

The asset provides an outstanding opportunity to capture rent upside of $172 per unit (monthly) with light, interior cosmetic updates. New ownership will have the ability to significantly push annual rental income by over $100,000 upon completion of unit upgrades that include solid-surface countertops, new cabinets, and updated fixtures/faucets throughout.

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Points of Interest

Map Type

Fullscreen

Amenities

Tenant Services

Unit Amenities

Google Fiber Wi-Fi
Stainless Steel Appliances
Lofted Wood Beam Ceilings
Walk-In Closets
Large Windows
Downtown Skyline Views
Wheelchair Accessible Rooms

Community Amenities

Club Room
Health Club
Keyless Entry
Storage
Walkability to Downtown

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.

MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.