Suncrest Apartments

9805 E 61st St, Raytown, MO 64133

  • For Sale Market Pricing
  • Property Type Multi-Family
  • Property Size 119,628 SF
  • Units 120
  • Lot Size 4.18 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 134
  • Year Built 1973
  • Year Renovated 2022
  • Date Updated Oct 18, 2024
RaytownRecent renovations have been undertaken on 80% of the property, providing the new owner with a substantial buffer against future capital expenditure expenses. The new owner will find the opportunity to realize value add potential by finalizing the remaining renovations and stabilizing the property. Currently, lease-up efforts are underway following the completion of renovations, with an impressive average rent of $817 per unit and potential for further growth. The property boasts a well-balanced mix of 2-bedroom and 1-bedroom units, featuring four distinct floor plans that cater to a diverse tenant base. Although currently unused, the existing on-site pool and outdoor community space offer the potential for additional amenities, enhancing tenant attraction and potential rental increases compared to neighboring communities. This opportunity is ideal for a new owner looking to secure a long-term hold strategy with a great basis. Raytown, Missouri provides an appealing suburban environment complemented by convenient access to downtown Kansas City and its expanding attractions. Situated near the intersection of I-70 and I-435, as well as served by multiple city bus routes, Raytown offers seamless connectivity to downtown KC. The city is positioned for ongoing growth, with a projected population increase of 2% and a rising proportion of residents opting to rent. The median income stands at $55,940, and the largest portion of households within the $75,000 to $100,000 income range. Raytown's strategic location and favorable demographics make it a promising investment destination with a blend of suburban charm and urban accessibility.

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Attachments

Highlights

  • 120 Units, unit mix includes 1 and 2 bed units
  • Avg Rent at $817 per unit
  • Major Capex completed over last 3 years covering 80% of units
  • Recently upgraded and Individually metered electricity/gas utilities to all units
  • Value-add opportunity in completed capex and stabilizing

Contacts

broker

Quinn Hahs

Clemons Real Estate

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable

  • Transit Score ®

    15/100 Minimal Transit

  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Raytown, MO
  • Neighborhood Raytown
  • Zip Code 64133
  • Market Kansas City

Points of Interest

  • Train and Tram Station

    3.44 miles

  • Union Station

    8.15 miles

  • Lee's Summit

    8.30 miles

  • Crossroads

    8.38 miles

  • Kauffman Center

    8.54 miles

  • Power and Light

    8.65 miles

  • Metro Center

    8.78 miles

  • Metro Center

    8.81 miles

  • Library

    8.94 miles

  • North Loop

    9.05 miles

  • Conoco

    1.17 miles

  • Shell

    1.17 miles

  • Conoco

    2.55 miles

  • Murphy USA

    2.65 miles

  • BP

    2.71 miles

  • QuikTrip

    2.76 miles

  • Sinclair

    3.24 miles

  • Phillips 66

    3.50 miles

  • Phillips 66

    3.51 miles

  • QuikTrip

    3.69 miles

  • Rock Island Trail 59th Street Trailhead

    0.28 miles

  • First United Methodist Parking

    1.25 miles

  • Kansas City Baptist Temple Parking

    1.31 miles

  • Rock Island Trail Woodson Road Trailhead

    1.64 miles

  • Parking Lot L

    2.36 miles

  • Parking Lot D

    2.55 miles

  • Parking Lot B (General)

    2.61 miles

  • Parking Lot C

    2.62 miles

  • Parking Lot A (General)

    2.67 miles

  • Parking Lot B (Reserved)

    2.70 miles

  • Holiday Inn Express & SuitesHoliday Inn Express & Suites Kansas City Sport Complex Area

    1.22 miles

  • Best Western Premier Kansas City Sports Complex Hotel

    2.66 miles

  • Farkas Home

    2.73 miles

  • Adam's Mark Hotel & Conference Center at the Sports Stadium Complex

    2.78 miles

  • Hotel Lotus

    2.92 miles

  • Deluxe Inn

    2.92 miles

  • Frontier Motel

    3.01 miles

  • Days Inn

    3.42 miles

  • Red Lion Inn & Suites

    3.48 miles

  • Bluebird Motel

    3.55 miles

  • Wendy's

    0.20 miles

  • Shanghai Express

    0.34 miles

  • Eclipse Bar & Grill

    0.46 miles

  • Niecie's

    1.11 miles

  • DQ Grill & Chill

    1.22 miles

  • McDonald's

    1.24 miles

  • China Town

    1.32 miles

  • Papa John's

    1.32 miles

  • McDonald's

    1.61 miles

  • IHOP

    1.74 miles

  • Raytown High School

    0.37 miles

  • Raytown Education Center

    0.52 miles

  • Blue Ridge School

    0.67 miles

  • Laurel Hills Elementary School

    1.14 miles

  • Language & Culture Training Center

    1.32 miles

  • Our Lady of Lourdes School

    1.39 miles

  • Saint Bernadettes School

    1.41 miles

  • Pittman Hills Junior High School

    1.55 miles

  • Raytown Middle School

    1.57 miles

  • Norfleet School

    1.74 miles

  • Ervin Early Learning Center

    5.57 miles

  • Hanthorn Early Education

    5.59 miles

  • Lakewood Kindercare

    5.77 miles

  • Cerner Kids

    6.28 miles

  • Alphabet Academy Child Care

    6.62 miles

  • St. Luke's Hospital Child Care Center

    7.21 miles

  • Cotton Candy Daycare Center

    7.43 miles

  • Downtown Day Care

    7.54 miles

  • Holmeswood Baptist Church

    7.58 miles

  • Children's Choice

    7.74 miles

Frequently Asked Questions

How much does Suncrest Apartments cost?

The sale price for Suncrest Apartments is available upon request. Contact the listing broker for more information.

What is the total square footage of Suncrest Apartments?

Suncrest Apartments totals 119,628 square feet.

When was this property built?

Suncrest Apartments was built in 1973.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Quinn Hahs

Clemons Real Estate