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Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Hyde Park
MLS Listing ID 2623987
Year Built 1968
Annual Tax Amount $13,152
Lot Size 0.470 Acres
Acres 0.46983472
Property Sub-Type Apartment
Source hmls
Property Description
Every unit features modern finishes with granite countertops, stainless steel appliances, and in-unit washer/dryers. Spacious bathrooms have tile surrounds. The building offers an on-site gym, a large gated parking lot, and additional storage units that can be leased to tenants for extra income. Red Point enjoys strong consistent occupancy and excellent tenant retention.
This is a true turnkey opportunity with the location being a major draw: approximately 1.1 miles (or a 20-minute walk) from the new $3B Royals stadium, placing tenants steps from world-class sports, entertainment, and downtown energy. The area is anchored by top employers and healthcare facilities including Saint Luke's Health System, Children's Mercy Hospital, UMKC, and Rockhurst University. Residents enjoy quick access to the Nelson-Atkins Museum of Art, Kemper Museum of Contemporary Art, Loose Park, Penn Valley Park, and the lively 39th Street corridor with shopping, dining, and recreation.
With a recent major renovation, , modern in-unit amenities, and a prime Midtown location right by the new Royals Stadium, Red Point Apartments delivers immediate, stable cash flow with low near-term maintenance, strong tenant demand, and long-term rental growth potential.
Are you an out-of-state investor seeking stable cash flow in a multifamily investment? Are you a local investor wanting to scale up? Either way the Red Point Apartments is poised to deliver stable returns and appreciation for years to come.
Location
State MO
County Jackson
Zoning R2.5
Interior
Heating Electric
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Separate Meters
Roof Type Composition,Synthetic
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar,Vinyl Siding
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.dropbox.com/scl/fo/zn88ud56k2aeggmmg6pcs/AAQLf0lFcUGi_zf2Uu7Yje8?rlkey=fwshy6f67wy9sqw303gl5m95q&st=nean3hon&dl=0
Nearby Locations
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