1401 Goode AveGrandview, MO 64030

Property Details for 1401 Goode Ave

Lot size

4.02 AC

Property type

Commercial land

APN

64-840-13-11

APU

648401311

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $39,277,444

  Hospitality

  $35,977,928

  Educational

  $29,933,212

  Medical

  $30,962,662

  Retail

  $46,562,776

Location Insight

City

Grandview

County

Jackson

State

Missouri

Latitude

38.8904

Longitude

-94.529

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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