For Sale
$16,850,000

1401 Goode Ave Grandview, MO 64030

60-Unit Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 60-unit multifamily investment opportunity, located at 1401 Goode Ave, Grandview, MO 64030, presents a compelling proposition for discerning investors. Comprising thirty, two-story buildings on a 3.8-acre lot, this new construction (2024/2025 completion) portfolio boasts 88,800 square feet of net rentable space, with individual units ranging from 1,400 to 1,500 square feet. Each unit is tastefully designed, featuring high-end finishes including granite countertops and wood construction, and is equipped with a lifetime composite roof. The property is zoned for both rental and sale, offering flexibility for future income streams. Further enhancing its appeal are the included HOA, ensuring long-term property maintenance, and EV charging stations in every garage, along with additional street parking. Optional solar systems are available, exceeding all local energy requirements. The property is situated in the desirable downtown Grandview area and is expected to be fully occupied by November 1, 2024. The asking price for this turnkey investment is $16,850,000. An adjacent shovel-ready 3.8-acre lot is also available for purchase separately at $1,800,000. This presents a unique opportunity to expand the portfolio or develop additional complementary projects. The property is owned by an LLC.

Highlights

  • Townhouse community investment opportunity.
  • Multifamily development potential.

Property Details for 1401 Goode Ave

Property type
Residential income homes
Square Feet
1,400 SF
Buildings
30
Stories
2
Lot Size (sq. ft)
165,528 SF
Units
60

Location Insight

City
Grandview
County
Jackson
State
Missouri
Latitude
38.89044
Longitude
-94.529014

FAQs

What type of property is this?
Residential income home - 60-Unit Multifamily Investment Opportunity
Where is the residential income home located?
The property is located at 1401 Goode Ave Grandview, MO.
What is the asking price?
The asking price for this property is $16,850,000.
What are key features of this property?
This property features: Townhouse community investment opportunity.; Multifamily development potential.;
How can I contact the broker?
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1401 Goode Ave
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