Platte City, MO 64079,312 2nd ST
Platte City, MO 64079,312 2nd ST
Platte City, MO 64079,312 2nd ST
14
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Listed by Michelle Lutz • Lutz Sales + Investments
$1,590,000
Est. payment /mo
1.3 Acres Lot
Active

312 2nd ST Platte City, MO 64079

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Platte City

MLS Listing ID 2548139

Year Built 1985

Annual Tax Amount $11,741

Lot Size 1.296 Acres

Acres 1.2955005

Property Sub-Type Apartment

Source hmls

Property Description

Discover modern, comfortable living at The Valley Apartments in the heart of Platte City! This well-maintained building, 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.

Location

State MO

County Platte

Zoning R

Interior

Heating Wall Furnace

Fireplace N

Exterior

Parking Features false

Utilities Available Ind Water Heaters, Multi-Unit Heat/Air

Roof Type Composition

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Board & Batten Siding,Concrete

Schools

Middle Schools Platte City

High Schools Platte City

School District Platte County R-Iii

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Heartland MLS KS / Southeast Kansas AOR

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agent

Rob Clifton

+1(816) 804-1110

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312 2nd ST