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.

Points of Interest

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.

TJ Wahl

Senior Advisor
MMG REA
816.508.7127 tj.wahl@mmgrea.com

Colson Bayles

Associate Advisor
MMG REA
913.515.0544 colson.bayles@mmgrea.com

Matt Ledom

Senior Managing Director
MMG REA
913.620.6502 matt.ledom@mmgrea.com

Jake Sullivan

Associate Advisor
MMG REA
913.553.1733 jake.sullivan@mmgrea.com

Harry Trotter

Senior Advisor
MMG REA
913.426.3617 harry.trotter@mmgrea.com

Kyle Winston

Senior Advisor
MMG REA
913.375.8254 kyle.winston@mmgrea.com

Alex Blagojevich

Executive Managing Director/Founding Partner
MMG REA
773.899.0391 alex.blagojevich@mmgrea.com

Michael Sullivan

Executive Managing Director/Founding Partner
MMG REA
913.484.7923 michael.sullivan@mmgrea.com

Get in Touch

Address

MMG Real Estate Advisors

601 Westport Road

Kansas City, MO 64111