1007 W 41st Street, Kansas City, MO 64111

Property Description

Located in the historic Volker neighborhood of Midtown Kansas City, Missouri, the Colonnade Apartments are a stately, 6-unit complex anchored just west of Westport and east of the University of Kansas Medical Center. Built in 1935, the building stands 3-stories with a brick exterior, patios/balconies, and private yard areas on both sides of the building (double lot). All units at the Colonnade are two-bedroom, one-bathroom units with two floorplans. 5 of the 6 units have an approximate size of 825 square-feet and 1 unit has an expanded kitchen and primary closet providing an additional 125 square-feet (950 sf total). Tenants are provided 8 off-street parking spaces, secured front/rear entry and the building is separately metered for gas and electric. Units at the Colonnade Apartments feature great floorplans with hardwood floors, decorative fireplaces, balconies, in unit washer and dryer, newer replacement windows central air, individual electric water heaters, fiber internet, excellent closet space, granite (select units) and stainless-steel appliances (select units). The basement provides ample space for additional storage and is accessed from a private walkout door at the rear of the building. The property boasts an excellent location near the shops in Volker, Westport and the new KC Streetcar Extension Line (multiple stops within walking distance to subject – 82 Neighborhood Walk Score). The asset presents an appeal to both the stabilized and value-add investor. In April of 2025 new gutters and downspouts were installed, and RUBS/water fees have been implemented in 3 of the 6 units ($40/month - started December 2024).