3000 E 49th Street
- 63 one-bedroom units, each 650 SF
- Six additional 1BR units possible via basement buildout
- Delivered vacant with rough-ins and partial finish-out
- Projected stabilized NOI of $406K
- Individually metered electric; RUBS for water/trash
Property Description
Clemons Real Estate is pleased to present Swope Plaza Estates, a 63-unit multifamily redevelopment opportunity located along Martin Luther King Jr. Blvd at the southeast corner of Brush Creek and Highway 71 in Kansas City. The property is currently vacant and under construction, with all units framed, roughed-in, and several partially finished — offering a clean slate for investors to complete and stabilize. Each unit is a 650 SF one-bedroom layout, ideal for efficient lease-up and streamlined operations. The garden-style design minimizes shared space and reduces future maintenance, while the utility structure features individually metered electric and RUBS for water and trash. With a projected $406,238 in stabilized NOI and the potential to expand to 69 total units, Swope Plaza Estates presents a rare opportunity to acquire immediate scale, implement efficient operations, and realize strong in-place upside in a reinvesting submarket.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 63 |
| Year Built: | 1960 |
| Lot Size: | 2.30 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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