312 2nd Street, Platte City, MO 64079

Property Description

Discover modern, comfortable living at The Valley Apartments in the heart of Platte City! This well-maintained property, built in 1985, features 20 cozy studio apartments across two buildings, offering style, convenience, and a prime location. Platte City is located just north of Kansas City International Airport, and offers easy access to metropolitan amenities while maintaining a small-town charm. This submarket has experienced a notable population increase of 24.5% since 2000 and exhibits strong economic and population growth and development. 35 projects, attracting over $10.5 billion in potential investments and more than 11,000 jobs have been in development in the previous 24 months including the Platte International Commerce Center a 155-acre logistic and distribution park. Platte City is also strategically located near the Northland and exciting new projects such as the Meta Data Center taking place nearby. Residents enjoy updated appliances, open layouts, efficient PTAC heating and cooling units, on-site laundry, and convenient dedicated parking lot. Tenants pay electric, while landlord pays water and trash and offsets with a small utility fee paid by tenants. With its updated features, spacious living areas, and fantastic Platte City location, The Valley Apartments is the ideal place for tenants to call home and a great buy for investors seeking a hassle-free investment at a great price per door. Please see Offering Memorandum for additional details and financials. Have questions about owning multifamily rental property in Kansas City? Reach out and learn about the process of purchasing this commercial real estate asset, options for financing, property management and the tax benefits that come from investing in real estate.

Listing Status:

Active

Listing Office:

Lutz Sales + Investments : 913-426-5576

Listing Agent:

Michelle Lutz : 913-426-5576

MLS ID:

2548139

Interior

• A/C: Other
• Heating: Wall Furnace

Exterior

• Parking: AttachedOff Street

Construction

• Roofing: Composition

Location

• HOA Amenities: 0.0
• Originating MLS: hmls
• School District: Platte County R-III
• County: Platte

Lot

• Zoning: RPLATTE CITY ALL THAT PT LTS 1-6 BLK 17 LYINGS OF CRK AND LL OF LTS 7-12 BLK17 AND PT OF13-7.0-25-300-003-003-000

Utilities

• Utilities: Ind Water HeatersMulti-Unit Heat/Air
• Water: Public
• Sewer: Public Sewer

Financial

• Source: hmls

This listing courtesy of Michelle Lutz, Lutz Sales + Investments