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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28058762
28058761

1800 W 41st St, Kansas City, MO 64111

The Tiehen Group, Inc.
Listed by The Tiehen Group, Inc.
$5,450,000
213 days on market
Updated 36 days ago

The Muehlebach Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 24,486
Units 28
Cap Rate 5.01%
NOI $273,121
Occupancy 100%
Pro-Forma Cap Rate 5.22%
Pro-Forma NOI $284,285
Price per SqFt $223
Class A
Year Built 1920
Year Renovated 2023
Buildings 7
Stories 2
Acreage 0.720

28 Units | A Class Location

Marketing description

The Muehlebach Apartments, present a rare opportunity to acquire a fully renovated, turn-key multifamily asset in one of the city’s most stable rental submarkets. Consisting of seven well-maintained four-unit buildings, the property boasts an exceptional occupancy history driven by its prime location just steps from KU Medical Center—one of Kansas City’s largest employment anchors. Each unit has undergone recent, high-quality renovations, positioning the asset to achieve and sustain top-of-market rents. The Muehlebach Apartments offer an attractive blend of stability, premium finishes, and income growth potential for a new owner.

Investment highlights

  1. Prime Location Adjacent to KU Medical Center & 39th St Corridor

  2. Fully Renovated Units

  3. Exceptional Historical Occupancy

  4. Strong Rent Growth

  5. Short Term Rental Opportunity with KU Med

Listing Contacts

The Tiehen Group, Inc.
Listed by The Tiehen Group, Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$273,121.00
$22,760.08/mo

Valuation Metrics

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DSCR
5.01%
Cap Rate
5.01%
ROI

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