4038 Clark Avenue, Kansas City, MO 64111

$2,425,000

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List Price
$2,425,000
Status
ACTIVE
MLS#
2634847
Subtype
Residential Income
Year Built
1966
Lot Size
20,678
Acres
0.47
Subdivision
Westport

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.

Additional Information

Taxes
$23,303
Zoning
R2.5
Heating
Forced Air
Air Conditioning
Electric
Exterior Construction
Brick/Mortar
Roof
Composition, Synthetic
Parking Features
Off Street
School District
Kansas City Mo

Listing courtesy of Nicholas Ambrosio of Peak Real Estate Partners, LLC.

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