Vernon on Washington
Multifamily Investment Opportunity
Opportunity – AREA Real Estate Advisors is pleased to
present the Exclusive offering of The Vernon on Washington Apartments, a
18-unit apartment community built in 2017, and located at 4445 Washington
Street in Kansas City, MO. The property
consists of 9 one bedroom one bath units, and 9 two bedrooms two bath units
with a combined average square footage of 763.
The Vernon on Washington offers investors the opportunity to purchase a
well-constructed, new, and stabilized apartment community in one of Kansas City
Premier rental markets that uniquely appeals to young professionals, by choice
renters and medical professionals alike.
Stabilized New Construction
Attractive Unit Layouts
Walkability to both the Country Club Plaza and
Off-Street Secure Parking with Car Charging
Continued Rental Upside
SMART Apartment Technology
Strategically located at 44th and Washington, The Vernon on
Washington offers tenants the unique lifestyle of extreme walkability to two of
Kansas City’s most desirable areas. Named
in the Project for Public Spaces’ list 60
of the World’s Great Places, The Country Club Plaza comprises high-end
retail establishments, restaurants, and entertainment venues, as well as
offices. To the north, Westport is one
of the oldest neighborhoods in Kansas City.
Known for its blend of tasty eateries, trendy boutiques and popular
nighttime hotspots. The constant buzz of residents and tourists gives Westport
a distinct Kansas City experience. The
property is also located adjacent to Saint Luke’s Hospital of Kansas City a
Tertiary care hospital with more than 450 skilled physicians. The Hospital is known for its Mid America
Heart Institute which is currently undergoing a $330 million expansion.
Net Site Size = .51 Acres
Property Characteristics = Private Balconies/Patios,
Washer/Dryer, Off-Street Secure Parking, Car Charging Station, granite
countertops, stainless steel appliances, Amazon’s Echo Dot, Nest Smart
Thermostats, and Phillips Smart LED Lighting, Outdoor Lounge with Fire Pit.
Utility Metering = All units are individually metered.