Contacts

David Belpedio

Clemons Real Estate

Property Details

Property Type Multi-Family
Property Size 48,875 SF
Units 46
Lot Size 1.86 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 50
Building Class B
Year Built 1925
Year Renovated 2005
Date Updated Dec 10, 2024

Beacon Hill is a vibrant, mixed-use neighborhood in Kansas City, just steps from Hospital Hill, Crown Center, and Union Station. Covering nearly 90 acres with scenic downtown views, the area benefits from a 25-year tax abatement and direct access to 71 Highway. Beacon Hill is designed for walkability, with tree-lined streets, open spaces, a community center, and retail live/work spaces.Presenting an unparalleled opportunity to own a truly iconic and irreplaceable multifamily property in the heart of The Beacon Hill Neighborhood in Kansas City. This historic gem, with its 46 spacious apartment homes, generous community areas, soaring ceilings, and two rooftop terraces showcasing panoramic skyline views, offers a unique blend of character and potential. Currently a LIHTC property with the initial compliance period expiring in June 2025, this asset presents a range of possibilities - extend the LIHTC agreement, transition to market rate, or customize a strategy tailored to your vision. In a neighborhood energized by new developments and rising market rents, this is your chance to make a lasting impact.

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Highlights

LIHTC Initial Compliance Period ending June 2025, Offering Flexibility
Iconic & Historic Property in the Beacon Hill Neighborhood
Expansive Community Spaces, Tall Ceilings & Two Rooftop Terraces
Exceptional Opportunity to Enhance or Reposition for Maximum Potential.
Rare Asset with Irreplaceable Character

Getting around

39/100
Walk Score ®
45/100
Transit Score ®
30/100
Bike Score ®

Powered by Walk Score ®

City Kansas City, MO
Neighborhood Beacon Hill
Zip Code 64108
Market Kansas City

Points of Interest

22nd at Vine

0.53 miles
Crossroads

1.23 miles
Kauffman Center

1.45 miles
Power and Light

1.57 miles
Metro Center

1.72 miles
Library

1.93 miles
North Loop

2.06 miles
City Market

2.24 miles
River Market West

2.31 miles
River Market North

2.34 miles

Sinclair

0.75 miles
Shell

0.76 miles
7-Eleven

0.97 miles
BP

1.14 miles
Costco Gasoline

1.18 miles
ChargePoint

2.88 miles

Paseo Baptist Parking

0.22 miles
Bethel AME Church Parking

0.34 miles
Hospital Hill Garage

0.54 miles
Teocali Parking

0.54 miles
Vine Street Lofts Parking

0.58 miles
Emergency Medicine Patient Parking

0.61 miles
Park & Ride

0.64 miles
ISS Parking

0.87 miles
KCATA Parking

0.91 miles
Saint Stephens Baptist Church Parking

1.18 miles

La Quinta Inn & Suites Kansas City Beacon Hill

0.44 miles
Sheraton Kansas City Hotel at Crown Center

0.85 miles
The Westin Crown Center

0.95 miles
Fairfield Inn Kansas City Downtown/Union Hill

1.06 miles
Hotel Indigo Kansas City - The Crossroads

1.08 miles
Home2 Suites Kansas City Downtown

1.15 miles
Crossroads Hotel

1.29 miles
Hampton Inn & Suites

1.44 miles
Quality Inn & Suites Kansas City Downtown

1.49 miles
Residence Inn Kansas City Downtown/Convention Center

1.49 miles

Crown Center Shops

0.88 miles
Halls Kansas City

0.91 miles
Sun Fresh Market

0.92 miles
Community Groceries

1.04 miles
Save-A-Lot

1.04 miles
Heart of America Market

1.53 miles
Cosentino's Downtown Market

1.66 miles
ALDI

1.67 miles
Happy Food Center

1.76 miles
Midtown Market

1.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.