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Listed by Nicholas Ambrosio • Peak Real Estate Partners, LLC
$2,425,000
Est. payment /mo
0.47 Acres Lot
Active
4038 Clark AVE Kansas City, MO 64111
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Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Westport
MLS Listing ID 2634847
Year Built 1966
Annual Tax Amount $23,303
Lot Size 0.475 Acres
Acres 0.47470155
Property Sub-Type Apartment
Source hmls
Property Description
The Westport Plaza Apartments is a 21-unit apartment complex located in Midtown, Kansas City, MO. The property has a highly desirable location, sandwiched between KU Med (0.8 miles away), the Country Club Plaza (1.3 miles away) and the heart of Westport (0.5 miles away). This location leads to a pool of renters who are looking to be in the center of everything that Kansas City has to offer.
Ownership has renovated roughly 75% of units since they originally purchased the property back in 2017. HVAC systems have been replaced as needed. The roof received a full reseal back in 2024 (transferable warranty) and the pool has been regularly maintained throughout ownership. Westport Plaza leaves a new owner great potential by renovating the remaining units, pushing rents through more aggressive marketing and leasing efforts, and continue to watch rents climb in one of the most desirable neighborhoods for renters in Kansas City.
Ownership has renovated roughly 75% of units since they originally purchased the property back in 2017. HVAC systems have been replaced as needed. The roof received a full reseal back in 2024 (transferable warranty) and the pool has been regularly maintained throughout ownership. Westport Plaza leaves a new owner great potential by renovating the remaining units, pushing rents through more aggressive marketing and leasing efforts, and continue to watch rents climb in one of the most desirable neighborhoods for renters in Kansas City.
Location
State MO
County Jackson
Zoning R2.5
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Composition,Synthetic
Building
Story 3
Sewer Unknown
Water City/Public - Verify
Structure Type Brick/Mortar
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
NEARBY SCHOOL & BUSINESS
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