$1,950,000
Columbus Park Four is a one-of-a-kind, high-design property generating approximately $200,000 in annual gross income through its successful medium-term monthly rental operation. Completely rebuilt in 2022, the property combines exceptional cash flow with the finishes, amenities and construction quality rarely found in a four-unit asset.
Each residence was thoughtfully designed with a level of finish more commonly seen in high-end custom homes, including real hardwood floors, quartz countertops, custom cabinetry, designer tile, statement fireplaces and carefully selected lighting throughout. The all-electric building features individual central HVAC and in-unit laundry in every residence. With new electrical, plumbing and major building systems completed as part of the renovation, the heavy lifting has already been done.
The showstopper is the approximately 1,400 SF rooftop deck overlooking the Kansas City skyline. Accessible from all four residences through a dramatic central staircase, this incredible outdoor space creates a true destination for residents and is an amenity nearly impossible to replicate in a property of this size. It is a major differentiator for the building and an important component of its ability to command premium monthly rents.
Located in historic Columbus Park, just minutes from the River Market and Downtown Kansas City, Columbus Park Four offers an unusual combination: approximately $200,000 in gross annual income, a proven medium-term rental model, exceptional designer finishes and one of the most impressive private residential rooftops in the city. Continue the existing operation or transition to luxury long-term rentals. Either way, this is a true trophy four-unit asset that simply does not have a comparable.
511 Campbell Street, Kansas City
Listing courtesy of Michelle Lutz of Lutz Sales + Investments.
