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Listed by Nicholas Ambrosio • Peak Real Estate Partners, LLC
$4,150,000
Est. payment /mo
2.58 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2634842
Annual Tax Amount $42,933
Lot Size 2.580 Acres
Acres 2.5800047
Property Sub-Type Apartment
Source hmls
Property Description
1 Twenty Two Apartments is a 48-unit apartment complex located in Gladstone, MO. The property consists of majority 2 BR units (41/48) with the remaining 7 units being 1BR. Current ownership has renovated roughly 50% of the units. At closing, there will be 7 "down" units that have roughly $50,000 of cap ex work needed to get to make ready condition.
The units at 1 Twenty Two are larger, average SF is roughly 900 SF. All units have central heating and cooling, and a select few have washer and dryer in-unit. All other units use the on-site common area laundry facilities. There is a dog park and a potential to add in a playground set in the center green space. There is over 1 to 1 off-street parking for tenants as well.
The units at 1 Twenty Two are larger, average SF is roughly 900 SF. All units have central heating and cooling, and a select few have washer and dryer in-unit. All other units use the on-site common area laundry facilities. There is a dog park and a potential to add in a playground set in the center green space. There is over 1 to 1 off-street parking for tenants as well.
Location
State MO
County Clay
Zoning R2.5
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Composition
Building
Story 3
Sewer Unknown
Water City/Public - Verify
Structure Type Brick/Mortar
Schools
School District North Kansas City
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Jessie Ryan
Broker License ID: KS - 00240183; MO - 2018013460
Broker License ID: KS - 00240183; MO - 2018013460