5300 Longview RdKansas City, MO 64137

This exceptional value-add investment opportunity presents a 42-unit apartment building situated on a 2.6-acre lot at 5300 Longview Rd, Kansas City, Missouri, 64137. The property, known as Urban Studio 43, consists of two single-story buildings totaling 25,667 square feet of net rentable space. Originally constructed in 1987 and fully renovated in 2017, the property currently boasts 100% occupancy. This Class B multifamily asset offers significant potential for continued NOI growth through market-rate rent adjustments. The recent conversion from medical office space to apartments in 2017 provides a solid foundation for future returns, requiring minimal capital expenditures to maintain its current positive trajectory. The property's location in Jackson County, Kansas City, offers convenient access to local amenities and transportation. This is an ideal investment for those seeking a stabilized asset with immediate cash flow and significant upside potential. The property's strong performance and low capital expenditure needs make it an attractive opportunity for investors seeking a stable and growing income stream. The current high occupancy rate further underscores the property's desirability and potential for long-term success.